Home » Posts tagged 'david ricardo'

Tag Archives: david ricardo

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Nature’s Breaking Point 

Nature’s Breaking Point  Photo by Karl-Ludwig Poggemann | CC BY 2.0 Ever wonder how the classical philosophers/economists like Adam Smith and David Ricardo would view today’s credo of infinite economic growth, forever more, above and beyond yesteryear. Well, in a word, they would be horrified. Ricardo, similar to the father of capitalism Adam Smith, believed […]

Continue Reading →

Central Banks Have Killed Free Trade

Central Banks Have Killed Free Trade Defenders and critics of “free trade” and globalization tend to present the issue as either/or: It’s inherently good or bad. In the real world, it’s not that simple. The confusion starts with defining free trade (and by extension, globalization). In the classical definition of free trade espoused by 18th […]

Continue Reading →

The Destabilizing Consequences of Globalization

The Destabilizing Consequences of Globalization Gordon T. Long and I discuss the failure of the status quo’s “New Normal” in a new 34-minute YouTube program. It is not possible to coherently discuss the “New Normal” economy without discussing financialization–the substitution of credit expansion and speculation for productive investments in the real economy–and its sibling: globalization. Globalization is […]

Continue Reading →

charles hugh smith-Forget “Free Trade”–Focus on Capital Flows

charles hugh smith-Forget “Free Trade”–Focus on Capital Flows. In a world dominated by mobile capital, mobile capital is the comparative advantage. Defenders and critics of “free trade” and globalization tend to present the issue as either/or: it’s inherently good or bad. In the real world, it’s not that simple. The confusion starts with defining free trade (and […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress