Chavez Re-Election Shows How Media Does Not Like It When Washington Consensus Loses

By: Monday October 8, 2012 12:00 pm

Hugo Chavez was elected to a fourth term on October 7. The victory immediately set off a flurry of United States media reports noting alleged inequities in Venezuelan elections that permit Chavez to continue to hold power.


FDL Book Salon Welcomes Nicholas Wapshott, Keynes Hayek: The Clash That Defined Modern Economics

By: Sunday March 11, 2012 1:59 pm

Nicholas Wapshott’s book, Keynes Hayek: The Clash that Defined Modern Economics, attempts to explain the debate that began in the 1930s between two great economists– John Maynard Keynes and Friedrich Hayek– regarding the cause of the Great Depression and the implication of possible cures.

On Worshiping Milton Friedman and Calling Him Jesus

By: Tuesday September 20, 2011 9:27 am

From USA Today comes news of a survey by a group of Baylor researchers on the values and beliefs of the American public. The study examines the intersection of personal faith/religious expression and economic beliefs, views on gays and lesbians, spirituality and mental health, and other issues.

What leaped out at me from the USA Today write-up was the confusion that many folks on the conservative end of the religious spectrum have.

They’re worshiping Milton Friedman and calling him Jesus. Sorry, folks, but there is no commandment that reads “Thou shalt pull thyself up by thine own bootstraps.”

Report: US Intervened with IMF in 2008 for Shock Doctrine Implementation in Pakistan

By: Tuesday April 26, 2011 7:10 am

Once US investors own Pakistan’s transportation, oil, electricity and steel industries, you can bet that virtually no cash flow from these industries will come back into Pakistan. Where will Pakistan’s social safety net be then?

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