Free trade smackdown from Australian economist

31 03 2010

From ABC unleashed:

The last hundred years of global history have been characterised by a number of eternal truths that were supposed to last forever (or at least for a very long time).

These included the 3rd Reich, Communism, the world dominance of the USSR and the USA, Mao’s Cultural Revolution and Free-Market Economics. None of these influences are still with us. Undoubtedly remnants of neoclassical economics will hang around for a while.

Continued here.

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