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Why economists should be banned from public life; it's for the good of us all

Can economists ever do good for human kind? If its contemporary economists that the question is asked of, the answer must be no. There are a few exceptions but generally speaking economists support the most inhumane of political experiments on mankind. 1,564 more words

Economics

Demonic or Nietzschian Economics

Nietzsche is perhaps the most misunderstood of philosophers, he is remembered for the praise of the ‘blood beast’ of his declining years, not the insights of his philosophy in his early years. 1,756 more words

Economics

Reconciling Hayek's and Keynes' views of recessions

Paul Beaudry, Dana Galizia, 1 June 2014
The views of Hayek and Keynes about the causes and consequences of recessions are often presented as opposing. According to Hayek, recessions are working out excessive investments, whereas Keynes regarded them as demand shortages.

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2008 To Sometime Recession