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News - Edwin Cannan: An Economist Who Protested against Big Government

Unfortunately, numerous economic fallacies and misconceptions seem to never die; they just return in slightly different forms at later dates.
One hundred years ago, the countries of Europe were trying to recover from the consequences of the First World War. It was not only the cost in human life (estimated to be more than 20 million people) and the military expenditures of nearly $5 trillion in today’s dollars. It was the political and ideological legacies of the war, as well.
The relatively classical liberal institutions that had generally prevailed in many of the Western nations before the war had been weakened by the wave of wartime controls and central planning introduced by the belligerent governments. Socialists were calling for the end to capitalism and its permanent replacement with government peacetime central planning. Others called for a new “social liberalism” of extensive and intrusive government interventions and welfare state redistributions. ....

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How Functional Finance Differs From Modern Monetary Theory MMT

From Dirk Ehnts, Econoblog101I have been re-reading the Functional Finance and the Federal Debt paper this afternoon. There are crucial differences between Functional Finance Theory (FFT) and Modern Monetary Theory (MMT). Therefore, it (MMT) was not all in Lerner. Let me comment on FTT from an MMT perspective ....

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Nghịch lý bầu cử Việt Nam: Cử tri đi bầu chỉ để cho xong?

Nghịch lý bầu cử Việt Nam: Cử tri đi bầu chỉ để cho xong?
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Türkleri tarih sahnesinde yükselten isimler

Türkleri tarih sahnesinde yükselten isimler
timeturk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timeturk.com Daily Mail and Mail on Sunday newspapers.

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Kenya's Dr. Stellah Bosire among 3 appointed to the 2021 Advisory Committee on racial diversity

Kenya's Dr. Stellah Bosire among 3 appointed to the 2021 Advisory Committee on racial diversity
hapakenya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hapakenya.com Daily Mail and Mail on Sunday newspapers.

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