Monday, May 2, 2011

What would Galbraith ask Bernanke?






Jamie Galbraith endorses the demand for transparency in the management of the Fed, which is central to Senator Bernie Sanders's audit bill.  Here is a critical view of the Fed, that does not ask for its elimination, like representative Ron Paul, but public control and accountability of the Fed actions.  He would also try to democratize the Federal Open Market Committee (FOMC) meetings.

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Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...