Blog Review 854

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blog-review-854

All this death of capitalism stuff. Worth looking at this chart. Capitalism is the only economic system ever to manage this, a consistent and long lasting rise in the average standard of living.

As an example, it wasn't the introduction of capitalism that killed Russians but the dying of communism.

Big government didn't work so well for Bush. So perhaps big government won't work for Obama, either?

Oh dear, it seems that Thatcher's lesson hasn't been learnt. To cut government you need to cut what government does, not just try to govern more efficiently.

And the evidence against The Shock Doctrine is now approaching that of The Population Bomb.

If you want a temporary stimulus why have one that isn't temporary and doesn't stimulate?

And finally, a blogger being sued for libel. Worth seeing if you can help perhaps, despite Dave's rather odd economic and political views.

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Debt, debt, and more debt

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Thatcher's recession and Brown's recession