The Grandiose Failure of François du Noyer
The Royal Company was at last dead, stillborn, and old du Noyer's loss was the French public's gain.
The Royal Company was at last dead, stillborn, and old du Noyer's loss was the French public's gain.
The economist who knows no history understands far less than his opposite number in the historical profession; but his claims are far greater. Therefore, he is much wider off the mark.
The Soviet Union produced the most effective and successful propaganda machine in the history of mankind. Mikhail Suslov was that machine, and that machine was Mikhail Suslov.
If anyone is to take the blame for the current mess in which European countries find themselves, it should not be the bearers of bad news but those who steered the affected economies in the unsustainable direction.
"If this mania increases we shall slide into a social order under which everyone has one hand in the pocket of another."
As long as the money- supply rate of growth remains a positive figure, there can be no deflation.
"Mercantilist 'theory' was a set of rationales designed to uphold or expand particular vested economic interests."
Oh, one last thing. Brazil doesn't have the highest ratio of tax revenue to GDP in the western hemisphere. Cuba does.
Bob DelGiorno of the “First News” radio program on WWL, New Orleans, interviews Professor Walter Block, 7 June 2010.