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Debt As Wealth; The Caution of Unfit Past Experience

Debt As Wealth; The Caution of Unfit Past Experience With the G-20 recoiling itself back into the same kinds of mistakes made in the 1960’s, leading directly to the Great Inflation, we will have to take into account the other end of that, namely other forms of “stimulus.” With the global economy sinking, and worries about […]

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We’ll Meet Again, Don’t Know Where, Don’t Know When

We’ll Meet Again, Don’t Know Where, Don’t Know When I was having a post-Departmental Colloquium dinner with a small group of colleagues from the Harvard Chemistry Department in the Spring of 2008 when the subject turned to the then-recent shudderings of the stock market – a topic which at the time was of greater concern […]

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Nobel Prize Winning Economists, Federal Reserve Chair and Other Top Experts: War Is BAD for the Economy Washington’s Blog

Nobel Prize Winning Economists, Federal Reserve Chair and Other Top Experts: War Is BAD for the Economy Washington’s Blog. Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are somehow good for the economy. It is vital for policy-makers, economists […]

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Keynesian Hit Men On The Road—–Krugman And Rogoff Peddling Toxic Advice | David Stockman’s Contra Corner

Keynesian Hit Men On The Road—–Krugman And Rogoff Peddling Toxic Advice | David Stockman’s Contra Corner. Here are a couple of reasons why Keynesian economists are truly a menace in today’s bubble ridden and debt-impaled world. It seems that both Harvard’s Kenneth Rogoff and Princeton’s Paul Krugman are on the global advice circuit, peddling what amounts to sheer […]

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And The Person Responsible For Japan’s Economic Endgame Is… Paul Krugman | Zero Hedge

And The Person Responsible For Japan’s Economic Endgame Is… Paul Krugman | Zero Hedge. There are two words that should strike fear in the hearts of any rational-thinking citizen of the world – Paul Krugman. Wondering why? As Alhambra’s Jeff Snider notes, we already know of at least one respect where Krugman (as a stand-in at […]

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Sufficient Liberal Stories–The Krugman Function Part 4 – Transition Milwaukee

Sufficient Liberal Stories–The Krugman Function Part 4 – Transition Milwaukee. On the face of it, Paul Krugman appears entirely confident in the future of the American way of life and the growth of a globally inclusive economy.  He is similarly confident in our ability to address climate change by running that economy on renewable energy. This needs […]

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The Krugman Function Part 2–Whole System Thinking – Transition Milwaukee

The Krugman Function Part 2–Whole System Thinking – Transition Milwaukee. Whole System Thinking Anyone who has spent much time thinking about ecology, peak oil and the economy, or global carbon emissions with any degree of complexity understands the importance of whole-system thinking.  Whole-system thinking reminds us that our economy cannot be intelligently assessed without an […]

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Olduvai IV: Courage
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