Page 53 - John Maynard News Today

One of liberalism’s great virtues is its ability to reinvent itself while also saving capitalism. Can it do it for a third time?

In the nexus of liberalism and capitalism, history's luminaries championed the synergy between liberalism and commercial society.

"Unemployment has to jump 40 to 50 per cent in my view. We need to see pain in the economy," Tim Gurner said.

The markets can remain irrational longer than you can remain solvent, goes a quote attributed to John Maynard Keynes. But the market is the final arbiter of value. Lehman Brothers had $600 billion in assets when it filed for bankruptcy in 2008. But a lot of those assets had no liquid market. Lehman valued them based on esoteric models that were too optimistic in their assumptions, and they didnt hold up when the markets turned.

The economic tide keeps rising even though the Fed has declared it is time for an ebb

The ruling class is actively devaluing every single dollar, more and more each day. Inflation, also known as "the hidden tax" is slowly and surely stealing wealth from ordinary people and transferring it to the rulers.

We have squandered 80 years on a wrong conception of how our economy works. There is much to fix…

To prepare for the referendum, here are some articles addressing frequently asked questions. They will hopefully assist in making us as informed as possible when it’s our turn at the ballot box.

Mom of 19-year-old killed in Wrens shooting calls for change

Photo credit -- Marco Verch At the heart of the international economic order that allows U.S. capitalists to dominate the entire globe and accumulate