Posts Tagged ‘Keynesianism’
August 3, 2017
The great Italian revolutionary, Antonio Gramsci,1 when struggling to understand the rise to power of Benito Mussolini, once wrote this of Italy’s interwar crisis: that it “consists precisely in the fact that the old order is dying and the new cannot be born; in this interregnum, a great variety of morbid symptoms appear.”2 For Gramsci, […]
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May 25, 2013
The attention span in Washington DC these days is remarkably short, and multi-tasking is something at which Congress seems particularly inept. So right now the focus there is overwhelming on just one thing, scandals – some genuine, some imagined, all minor – while the real business of the American people goes largely unexamined. The […]
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Posted in US Blog | 1 Comment »
November 2, 2012
Basic belief systems, if regularly reinforced by carefully orchestrated advertising campaigns, are enormously difficult things to shift. Paradigms of thought, once established in dominance, are hard to get rid of. We have just lived through 30 years of an orchestrated consensus on the wonders of free-market capitalism. No matter that the business deregulation it […]
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