Moyers Interview with James Galbraith   Leave a comment

topbanner_01SHOULD WE ABANDONED THE FREE MARKET?

“…it’s clear that world has lost its confidence in the responsible role of the United States. Iraq is viewed by the world as reckless and self-serving rather than being a necessary step to protect the mutual security.

In the financial sector, the world viewed us as a safe haven because they believed we had effective systems for legality, transparency and security. That’s taken a hard knock. But we are rescued for the moment by the fact that other people’s systems turn out to be even worse. I believe that you can turn a page and that you can rebuild the position of the country in the world community if you do so in a way which is fully credible. New people, new philosophies, new policies.”  — James Galbraith

Read more, or watch the Bill Moyers interview of James K. Galbraith. (“The acorn doesn’t fall far from the tree!”)

EXCELLENT!

“Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slave of some defunct economist.” — JOHN MAYNARD KEYNES If he were alive today, what would Keynes have done?

kenne

Posted November 30, 2008 by kenneturner in Commentary, Information

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