Other Schools of Thought

They thought they could create a world that could circumvent the long-held laws of economics simply by dismissing these laws as illegitimate.

When politics isn't fomenting conflict, raising time preferences, and stupefying the nation, it is attenuating progress. Contrary to the incessant jabbering on the need for "change," all politicians despise change. Change erodes political power and undermines regimes.

From Man, Economy, and State, narrated by Jeff Riggenbach.

The Treasury needed someone who could clothe the bareness of financial heresy with a plausible nontransparent drapery. Mr. Keynes was taken into the British Treasury as its principal adviser, seated on the board of the Bank of England, and elevated to the peerage as Baron Keynes of Tilton.

The proponents of syndicalism suffer most from a total ignorance of economics.

People are angry as never before, and neither political party comes close to offering answers.

The perception that something is fundamentally wrong in Western societies explains why Hessel has sold millions of copies of his brief and provocative pamphlet.

It's a bit odd for the economics profession right now to be celebrating two scientists for their work in helping policymakers steer the macroeconomy.

The protest movement  is actively supportive of powerful interests that benefit from the status quo.

Many demands are being made, but sadly, if these were ever implemented, they would make problems worse by lowering the standard of living for all — especially for the poor! I will proceed to address some of the demands in plain English, hoping to reach out to them.