Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

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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