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Janet Yellen and husband Geroge Akerlof Joe Biden s nominee for Treasury Secretary, Janet Yellen, is a typical over the top Keynesian in favor of mad money printing by the Federal Reserve but a bigger problem might be the influence of her husband, George Akerlof, on her thinking. You can t get much more authoritarian in your thinking than Akerlof does.  John Tamny writes: In Phishing for Phools, a 2015 book that George Akerlof co-authored with Robert Shiller, the authors wrote without even a hint of irony that people “do not do what is really good for them, they do not choose what they really want.” Please think about the previous bit of absurdity from the two economists. Maybe think a while.

When Democracy Failed: The warnings of history (thing) by Noung

Let me tell you a bit about Nazi Germany and Adolf Hitler. The terror machinery of Nazi Germany and its attempt to implement the Endlösung led to the deaths of six million Jews and ten million Slavs. This systematic slaughter was paralleled only by Mao Zedong and Josef Stalin and led to the coining of the term genocide ( genos means race in Greek, cide means killer in Latin). The Jews call it simply Destruction ; the Romas Devouring . It was undoubtedly one of the most evil acts perpetrated by man and the Lord willing he shall never forget it. It came from a regime which was, in many ways, evil made solid and put in charge of a nation. In the period 1933-37 the NSDAP (

I am afraid history is repeating itself

I am afraid history is repeating itself To the Editor: I have always  been a history buff. It was my major in college. I studied WWII in great detail. It was really just a continuation of “The Great War,” WWI. The Germans lost WWI. It is an undisputed fact of history. The loss of the war came as a great shock to the German people. Government propaganda of the time had convinced them of the invincibility of the German soldier, and the rightness of their cause.   Most Germans believed that they had been “stabbed in the back” by a combination of “Socialists and Jews” who had conspired with their own government and their enemies to defeat Germany. This totally false conspiracy theory played a major role in the rise of the National Socialist German Workers’ Party, which later gained power and then overthrew the existing democratic government. This led directly to WWII. 

EconomicPolicyJournal com: The Nazis and the Centrally Planned Economy That They Ran

EconomicPolicyJournal com: The Nazis and the Centrally Planned Economy That They Ran
economicpolicyjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economicpolicyjournal.com Daily Mail and Mail on Sunday newspapers.

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