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Freddie and Fannie: it's the Anglo Disease
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153
comments (153 topical, 0 editorial, 0 hidden)
Re: I don't know
(
4.00 / 3
)
This is a question of "industrial base" which is largely neglected by mainstream economists. In order to do certain things, you need certain other production around you...
by
Metatone
(
metatone [a|t] gmail (dot) com
)
on
Mon Jul 14th, 2008 at 08:01:19 AM EST
[
Parent
]
Re: I don't know
(
none / 0
)
Economists seem to think that a lemonade stall is a good model for an industrial firm.
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.
— John M. Keynes
by
Migeru
(
migeru at eurotrib dot com
)
on
Thu Jul 17th, 2008 at 04:40:09 AM EST
[
Parent
]
Freddie and Fannie: it's the Anglo Disease
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153
comments (153 topical, 0 editorial, 0 hidden)
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