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The continent is destroying the weak to protect the strong. But will that be enough?.
Unlike Hayek, John Maynard Keynes was a policy man: fully engaged from the Great War and Treaty of Versailles through the Depression and World War II to Bretton Woods. His theories and his policy views developed side by side.
Our economic issues are worse than expected, and our solutions haven't worked. We need to start anew.
Statement by James K. Galbraith before the Senate Finance Committee, March 8, 2011, hearing on Principles of Efficient Tax Reform.
Most of the federal deficit is caused by the recession itself. To cure the slump, fix the financial system.