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Quotes from Confessions of an Economic Hitman




poetressforgod
Quotes from Confessions of an Economic Hitman
   

p 26.  I also realized that my college professors had not understood the true nature of macroeconomics: that in many cases helping an economy grow only makes those few people who sit atop the pyramid even richer, while it does nothing for those at the bottom except to push them even lower. Indeed, promoting capitalism often results in a system that resembles medievel feudal societies.  If any of my professors knew this, they had not admitted it - probablly because big corporations, and the men... read more



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Published : 3 years, 1 month ago (Wed, 14 Jan 2009 01:55:52 PST)
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