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Tag Archives: Milton Friedman
FIRE Alarm
We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading
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Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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Apple Pie
No thoughtful observer of American history can be surprised at the Senate report detailing the torture carried out by the CIA in the aftermath of 9/11. The revelation of torture should be seen as the logical outcome of economic and … Continue reading
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