Most people in our society today have never experienced a depression. We’re not unlike a class of twelve year-olds being presented with something new and uncomfortable in sex-ed class. We’re used to hearing about it but it’s mostly strange — and it’s not something most of us are used to talking about when it actually affects our [...]
keynes
Deep breath… I started writing this becauese at work we got in trouble for talking about sensitive political and religious topics. One of my ‘comrades’ cleverly figured out that we could tilt the discussion onto a slightly more academic axis. He asked me what I knew about John Maynard Keynes. I know a little. I dealt with Keynes [...]
Not actually an economist, of course, but Peter Drucker speaks my language — from one bystander to another: Schumpeter also knew that today’s short-term measures have long-term impacts. They irrevocably make the future. Not to think through the futurity of short-term decisions and their impact long after “we are all dead” is irresponsible. It also leads [...]
