Jesse's Café Américain

"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel

Showing posts with label Economic Theory. Show all posts
Showing posts with label Economic Theory. Show all posts
11 February 2015

Economists-Say-Dumb-Things Chronicles: 'Debt Is Money We Owe To Ourselves'

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Like so many sloppy discussions of economics to make an important policy point, but badly, this one diverges from common shared rea...
03 October 2012

Economic Roundtable Discussion: L. Randall Wray, Michael Hudson, and William K. Black

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This is a radio show with the formidable title, 'Post Keynesian Economics' that is a very interesting discussion amongst Randy Wray...
20 September 2012

Karl Polanyi On Liberal Economics and the Rise of Fascism

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"Hobbes had argued the need for a despot because men were like beasts; Townsend insisted that they were actually beasts and that...
07 October 2011

The State of Economics: On the Seduction of Science in the Service of Power

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"Tyranny is always better organized than freedom." Charles Peguy This essay by John Kay excerpted below is a nice summary of t...
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