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Entries from December 14th, 2014

The Failure of Conservative Economics–Part II. Ronald Reagan

January 27th, 2013 · Comments Off on The Failure of Conservative Economics–Part II. Ronald Reagan · Economics, Politics, Populism

In the period from the 1950s until the late 1970s, the Conservatives were largely considered Right Wing radicals and economic zealots. Republicans of those days were mostly moderate, even some liberal, as with the Nelson Rockefeller wing of the party. The Republican Right Wing presented a political problem as it had a series of rather […]

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The Failure of Conservatism and the Future of American Economics. Part I

January 8th, 2013 · Comments Off on The Failure of Conservatism and the Future of American Economics. Part I · ALEC, Capitalism, Corporations and Industry, Economics, Labor, Lobbying, obstruction, Politics, Populism, Social Security, taxes, The Budget, Wall Street, wars and militarism

In 1946, in the shadow of the carillon tower on the campus of the University of Chicago, an economist by the name of Milton Friedman began teaching economics to some of the brightest students in the country. His particular approach to economics was by and large what might be called neo-classical liberalism. It is a […]

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