Chapter 8. The Socio-Psychological Foundations of Socialism or The Theory of The State
Pages 173–198 in the text.
Pages 173–198 in the text.
Bob Murphy and Michel Accad discuss the development of “welfare economics” in mainstream theory.
To borrow a line from Al Gore, this strikes me as a “risky scheme.”
In much of America, the New Deal was run by a small number of very powerful political bosses.
Bob Murphy disagrees with Tucker Carlson's unambiguous approval of Elizabeth Warren’s call for “economic nationalism”.
Skidelsky manifests an inordinate distaste for money and “greed.” Far better in his eyes is the pursuit of power by the State, even at the cost of wars and massive public debt. Some of us will not agree.