More Die In The United States Of

We Have A Swarm Of People In The Stock Market - Not Out Of Knowledge, Not Out Of Expectation, But Out Of Basically A Gambling Instinct, The Hope That Prices Will Go Up.

In Fact, The Wage-price Spiral Is The Functional Counterpart Of Unemployment. The Latter Occurs When There Is Insufficient Demand; The Spiral Operates When There Is Too Much And Also,unfortunately, When There Is Just Enough.

It Is The Good Fortune Of The Affluent Country That The Opportunity Cost Of Economic Discussion Is Low And Hence It Can Afford All Kinds.

I Think The Role Of The Federal Reserve Is Enormously Exaggerated.

In The Assumption That Power Belongs As A Matter Of Course To Capital, All Economists Are Marxians.