September 8, 2010
John Maynard Keynes said, “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” Ben Bernanke, of the Federal Reserve, tells us that the market will cause the too-big-to-fail banks to get smaller. He assures us that the people who caused [...]
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August 30, 2010
Simon Johnson last week wrote a piece for the New York Times. His contention is that the fiscal conservatives, Republicans, Blue Dog Democrats and others, cannot, in his words, be taken seriously. I share that sentiment. I also share his fear that they will define the debate. Fiscal Austerity and America’s Future By Simon Johnson [...]
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