An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
What Clint describes in this post is highly correlated with the Powell Memo (1971), although the results did not become clearly visible until the Reagan presidency.
Hey Thanks Tom! Somehow I never even got to that (the post was getting long). I may scurry back and add a mention in since it is of course pivotal and important, so H/T to you for that. It really deserves a whole post on its own, the impact of think tanks and conscious, directed influence by corporations has been huge- I believe decisive.
It’s the dreaded “neoliberal conspiracy!” strikes again!
Those crafty “neoliberals!” … they all think we’re “out of money!” but don’t let that fool you…. yes they are still crafty enough to put together a multi decades long secret conspiracy to get all the wealth!
5 comments:
Hey Thanks Tom! Somehow I never even got to that (the post was getting long).
I may scurry back and add a mention in since it is of course pivotal and important, so H/T to you for that. It really deserves a whole post on its own, the impact of think tanks and conscious, directed influence by corporations has been huge- I believe decisive.
@ Clint
🙏
That the top end of town benefited enormously, was a happy coincidence.
The Wealth of Nature: Economics as if Survival Mattered with John Michael Greer
What economics pretends to be, versus what it is.
It’s the dreaded “neoliberal conspiracy!” strikes again!
Those crafty “neoliberals!” … they all think we’re “out of money!” but don’t let that fool you…. yes they are still crafty enough to put together a multi decades long secret conspiracy to get all the wealth!
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