Tuesday, June 5, 2018

Links — 5 June 2018

Michael Roberts Blog
Inequality, poverty and populism
Michael Roberts

Boston Review
JW Mason | Assistant Professor of Economics, John Jay College, City University of New York

The Political Economy of Development
Michael Hudson on Adam Smith
Nick Johnson

1 comment:

Bob Roddis said...

The Market Police: In 1907, in the waning days of the Austro-Hungarian empire, Austria saw its first elections held under universal male suffrage. For some this was progress, but others felt threatened by the extension of the franchise and the mass demonstrations that had brought it about.

Five years later, the USA got its central bank and Europe went into a slaughterfest. Cause and effect. Universal sufferage + central banks = WAR, socialism and mass slaughter.

Mises and Hayek endlessly condemned those processes for just those reason. To blame them for the century of funny money and slaughter is absurd. More to the point, it is pathetic.