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 history. Show all posts
Showing posts with label economic history. Show all posts
08 October 2012

Golem XIV - Why Are We Bailing Out the Banks? Part 1

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Here is a new essay from Golem XIV that asks the simple question, 'Why are we still bailing out the banks?' As you know my co...
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...
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