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 economic chupacabras. Show all posts
Showing posts with label economic chupacabras. Show all posts
27 October 2012

Charles Ferguson: Behind Every Great Con Artist Is a Man Like Glenn Hubbard

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Here is a piece by Charles Ferguson, the documentary film maker who produced Inside Job , with an essay that was re-posted by Capitalism Wi...
28 December 2011

History Lesson

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History Lesson by Arthur C. Clarke has been one of my favorite short stories since boyhood. It contains an allegorical lesson about the im...
31 August 2011

Time For a Review: Economic Power, Authoritarian Capitalism, and the Failure of Governance

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There are quite a few theories and a deepening economic debate swirling around. Even Marx is being selectively resurrected to help explain...
11 January 2011

Charles Ferguson: MIT Brunel Lecture on Economics and the Financial Crisis

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See Charles Ferguson's documentary Inside Job when you have the opportunity.  I understand that the DVD may be released sometime arou...
09 June 2010

Gold Bulls Are In Their Cups and the Bull Market in Confidence Games and Voodoo Economics

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A friend and correspondent over at BullionVault reminded me the other day that some have been watching what they consider to be a larger cu...
07 June 2010

The Great Recession

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Employment figures clearly show that this is much more than a cyclical recession. It is the breaking of an historic credit bubble, made wors...
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