The truth can be ugly, can’t it? Here are, courtesy of frequent good guy yet employed by the American Enterprise Institute James Pethokoukis, a number of cogent (I think) charts to illustrate a recent cogent (I think) talk by Larry at the Peterson Institute for International Economics titled “What Should the 2023 Washington Consensus Be?”,…
Tag: neoliberalism
Yeah, I flunked Econ 101! What’s your point?
As a matter of fact, I I didn’t flunk Econ 101, because I never took it! So what? To quote Mel Brooks, I’m an old man and I’ve got a right to talk. And, to quote another old man, Richard Nixon, “I am not an intellectual, but I do read books!” Well, I do and…
Neoliberalism and its discontents
Almost exactly one year ago, I wrote a contemptuous take down of Thomas Piketty’s then notorious book, Capitalism in the Twenty-First Century. If anyone has been citing Piketty’s arguments in the current presidential primary season, I’ve yet to hear it, but that hardly matters, because global capitalism is taking a pounding from all quarters, a…