Economists, Like Royal Children, Are Not Punished

It Is Time To End The Western Policy Of Malign Neglect. It Is In The Interest Of The Whole World To Help Tackle The Actual Grievances In Palestine, Kashmir, And In Central And Southern Iraq, And To Help The Region Out Of Its Economic Backwardness.

In Modern Society, Where Most People Live In Cities, And Where Both Needs And Wishes Are Absolved Through The Same Remote Agency - Money - The Distinction Between Wishes And Needs Has Altogether Vanished.

My Belief, For What It Is Worth, Is That City Dwellers Cannot Understand The World. Insulated From Reality By Complex And Expert Systems Of Provision And Police, Baffled By Fashion And Spectacle, City Dwellers Can Distinguish Neither The Sources Of Their Existence Nor The Consequences.

Soaring Prices For Crude Oil, Falling Production Surpluses, Wild Speculation In Commodities, A Rush Into The Precious Metals, Turmoil In The Middle East, Assertive Oil Producers: It Is 1973-74 All Over Again, And At Dictation Speed.

Profits In Business Always Depend On The Rate Of Interest: The Higher The Interest, The Higher The Rate Of Profit Required.