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