Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. 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."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label death of the liberal class. Show all posts
Showing posts with label death of the liberal class. Show all posts
13 June 2018

Thomas Frank on the Democratic Party, Their Credibility Trap, and the Beleaguered Middle Class

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“In its quest for prosperity, the Party of the People declared itself wholeheartedly in favor of a social theory that forthrightly exalte...
16 April 2016

Caught in the Aftermath of a Minsky Moment by a Credibility Trap

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"I think this is where the academics are kind of clashing with the practitioners. I think on paper negative rates make a lot of sen...
16 April 2013

What Does the Recent Fall in the Price of Gold 'Prove?'

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"And this means that it is deeply, deeply wrong to think of rising gold prices when bond yields are low as some kind of symptom of...
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