Central banks worldwide are putting their faith in negative interest rates. Unfortunately, these central bankers do not understand what interest rates are supposed to do, or how manipulating them will lead to a bust.
In his book Never Let a Serious Crisis Go to Waste , Philip Mirowski correctly diagnoses many problems with neoclassical economics. The reader soon notices, however, that Mirowski doesn't know the difference between Austrian economists and neoliberals.
When it comes to immunity from punishment for crimes, and free stuff coerced from others, there’s no better deal than being a government agent or elected official. So-called “white privilege” is nothing compared to the privileges enjoyed by the state.