Articles tagged with: free markets
ANALYSIS, Americas, Asia, Europe, INNOVATION, Innovation Economics »
ANALYSIS, USA — Wealthy white people with academic economic dogma are a plague on all our wallets, let alone houses.
The economics brains trust of our last 8 years or so of US (and British & Australian) economic policy have been a few rich white guys, right-wing academic economists from big universities like Harvard. These folks theories are to blame for severity of the coming US recession.
Why?
Most universities (like Harvard) have a fair mix of dissent; but the current US administration selected all economists (and think-tanks) with far-Right free market views.
Clinton, …
Americas, COMMENT, INNOVATION, Innovation Economics, Our World »
COMMENT, Global — Confused by Economics? A few politicians are too.
Economics is just theories. This is something not often enough remembered.
“(In the Great leap Forward) Mao launched a large number of large-scale but senseless projects, which achieved little, but took thousands of laborers away from the urgent task of growing food.
“At this time, the most popular economic theory, in both east and west, proposed that for a backward country to develop, it needed industry, and industry needed steel.”
– David Rooney: Guerrilla: Insurgents, patriots and terrorists from Sun Tzu to …
ANALYSIS, Americas, Asia, INNOVATION, Innovation Economics »
ANALYSIS, Global — A lot of people keep telling me they dislike religion because it leads to war.
There are a plethora of voices in the media crying for atheism in the Left, on the other hand the Right, have stated that anyone who doesn’t worship God in the prescribed manner is unpatriotic to their country.
The prosaic reality is that modern wars are about trade, power balances, resources like oil and water, or land for expanding populations.
Further, the reality is, in short, that imbalances create war. Imbalances in resources (and …
