Commentary on Political Economy

Wednesday 7 September 2011

Two Krugman Posts

These two short posts from Paul Krugman illustrate two main points we have made below: the first article shows that under a "gold standard" money disappears just when a capitalist economy needs it (see our "Gold and Labor Standards" below;
and the second post shows that capitalist "elites" are the people who are ruining our world! (See our article on Schauble's "austerity" advocacy below.)

http://krugman.blogs.nytimes.com/2011/09/07/golden-cyberfetters/

http://krugman.blogs.nytimes.com/2011/09/06/the-peasants-are-revolting/

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