Kristol, Kalecki, and a 19th Century Economist Defending Patriarchy all on Political Macroeconomics. « Rortybomb. There’s an interesting idea here, presented primarily in the quotation from Kalecki from 1943. The idea is that “business leaders” want to be in control of unemployment — that’s the real point of supply-side economics — but Keynes showed how […]
The War on Demand – NYTimes.com. Paul Krugman says: “It’s becoming clear to me that a substantial number of writers on economics find the whole idea that the economy can suffer because people are too thrifty, insufficiently willing to spend, deeply repugnant. I’m the sort of person who finds the notion that sometimes virtue is […]
http://www.theawl.com/2011/01/the-most-emailed-new-york-times-article-ever If you’re a regular reader of nytimes.com you’ll love this. If not, then, well, maybe you should be?
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