Keynes and Hayek, Obama and the Republicans

friedrich von hayek

Walter Moss: From the Reagan years to the present, conservatives have been fond of quoting Friedman and Hayek. Their influence can be seen in such documents as the Republican Party’s 1994 “Contract with America.”

Stock Market Crash: What are the Politics Behind It?

lousy-tshirt

Robert Brent Toplin: Conservatives often tout the benefits of “free” markets, but in practice, market fundamentalism has produced a troubled history.

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US Political Process Haunted by Paralysis

Obama state of the union

Ron Wolff: “So we’re paralyzed in the face of mass unemployment and out-of-control health care costs…Blame our political culture, a culture that rewards hypocrisy and irresponsibility rather than serious efforts to solve America’s problems…I’m sorry to say this, but the state of the union — not the speech, but the thing itself — isn’t looking very good.”

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