Sunday, March 22, 2009

The cause of our suffering: too much saving?

Today's post is published over at Simply Capitalism.

I hope you'll check it out.

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1 comment:

seine said...

Thanks Beth, just wanted to say how ironic it is to see the Krugmans being paid to spout their nonsense, with a following that may well be in the millions while George Reisman just gets to write an unpaid blog. You, Doug and most capitalism supporters struggle with a handful of followers. You can take comfort in knowing the supporters of capitalism will win. If Krugman were to win it would be the end of civilization as we know it.
While very serious, things seem to be unraveling quickly and I see that as a good sign as the people needed to return to sanity will not all have disappeared before the other side becomes paralyzed. As well, the production system is a separate entity from the corrupted money system and that is the real source of our wealth.
If the US can avoid a French style revolution and find an articulate voice to counter Mr. Obama's slickness then I see an end to this mess.
despite troubling the times, cheers, gary seinen