The Age of Austerity Dawns (tags)
The burst bubble of the New Economy should have been understood as a warning. Then as today, wishful thinking and greed blocked the view to reality. Recessions offer a period of welcome recovery. Losing the hectic turbo-capitalism is not really a great loss.
CUCKOO ECONOMICS (Abridged Ed.) (tags)
By deliberately confusing assets that can be *produced* with assets that can only be *acquired*, modern economics laid the ideological foundation for unemployment, poverty, inequality, and the looming global depression.