Tag Archives: adam smith
The Problem of Profit: Circulatory metaphor stated
The circulatory system is basically an efficient closed system that becomes open when wounded, sometimes losing blood at a rate faster than it can replace the loss. These situations can prove fatal, and this is exactly the situation of the American economy. Continue reading
Filed under Criticism, Humanistic
Everybody Panic! Six reasons to read "The Economy Is Even Worse Than You Think"
A steady erosion of confidence in the stimulus bill is occuring because the happy-happy joy-joy news is vastly at odds with what is occurring in the United States, and it’s only a matter of time before people will see that. I wouldn’t put it past you political types to have foreseen that the charade was wearing thin, making your aggressive coming-clean with the American people a political ploy so that the WSJ could be the first mainstream media to report of monkies throwing feces. Well, congratulations, I guess. Continue reading
Filed under Criticism, Journalism