Here is solmething different. Shall keep of Mali for a month and see how it goes.     French Economist Gets it Absolutely Right! « The satisfaction of seeing France finance and refinance its debt at historically low rates of interest is just the ti… more »

Our popular economics is myopic and serves only the interests of merchants and traders while hollowing out the foundation of our wealth, i.e. our powers of production. more »

In Politics and Economics: Pyramid Theory I, Frank Li wrote that we must, Clearly accept the human nature tenet: “me first”. Yes, it applies to the politicians too! However, unlike the capitalists who have no problem admitting “me first”, the politicia… more »

Prof. Hudson, in an interview on the Real News Network, discusses how the classical economists of the late 18th and 19th centuries, upon whose theories the great advances in prosperity occurred up to the years immediately following World War II, have had their fundamental teachings totally misrepresented in the recent decades. Hudson suggests that the current economic crisis is the outcome of these changes and misrepresentations. more »

There is a seeming riddle in the recent evolution of economic thought. It has become more otherworldly and abstract, more detached from the reality of how economies are running deeper into debt to a financial oligarchy. The global economy itself is polarizing between creditor and debtor nations, financial core and periphery. more »