Friday 26 June 2020

Political Economy

In our civilisation, 
and under our republican form of government, 
intelligence is so highly honoured 
that it is rewarded by exemption from the cares of office.

— Ambrose Bierce (1842-1914)

Saturday 6 June 2020

An Honest Economist

The decadent international but individualistic capitalism 
in the hands of which we found ourselves after the war 
is not a success. 
It is not intelligent. 
It is not beautiful. 
It is not just. 
It is not virtuous. 
And it doesn't deliver the goods. 

— John Maynard Keynes