Surely I'm Not The Only Person To

The Trouble With Poverty, As An Issue, Is That It Has Basically Exhausted The Patience Of The General Public.

This Is A Serious Analysis Of A Ridiculous Subject, Which Is Of Course The Opposite Of What Is Usual In Economics.

I've Always Believed That A Speculative Bubble Need Not Lead To A Recession, As Long As Interest Rates Are Cut Quickly Enough To Stimulate Alternative Investments. But I Had To Face The Fact That Speculative Bubbles Usually Are Followed By Recessions. My Excuse Has Been That This Was Because The Policy Makers Moved Too Slowly - That Central Banks Were Typically Too Slow To Cut Interest Rates In The Face Of A Burst Bubble, Giving The Downturn Time To Build Up A Lot Of Momentum.

One Way In Which Americans Have Always Been Exceptional Has Been In Our Support For Education. First We Took The Lead In Universal Primary Education; Then The “high School Movement” Made Us The First Nation To Embrace Widespread Secondary Education.

Wealthy Individuals Bought Themselves A Radical Right Party, Believing - Correctly - That It Would Cut Their Taxes And Remove Regulations, But Failed To Realize That Eventually The Craziness Would Take On A Life Of Its Own, And That The Monster They Created Would Turn On Its Creators As Well As The Little People.