Getting real in economics
CREDIT BUBBLE BULLETIN Getting real in economics. Commentary and weekly watch by Doug Noland This from former Federal Reserve chairman Alan Greenspan, interviewed by the Financial Times' Gillian Tett at the Council on Foreign Relations, …
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Redesigning economics to redesign the world
Indifference to other human beings is deeply embedded in the conceptual framework of economics. Theory of economics is based on the belief that human being is basically a personal gain seeking being. Maximising personal profit is the core of economic …
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Real World Economics: The plus side of defense spending
In a 1953 speech, just three months after taking office as president, and three days after the death of Joseph Stalin, Eisenhower argued that "Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft …
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