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Paul Krugman Tries To Explain The Problems With Contemporary Economics

Needless to say, it has both good points and bad, as you might expect from an American Keynsian who also happens to be quite smart. 


So here’s what I think economists have to do. First, they have to face up to the inconvenient reality that financial markets fall far short of perfection, that they are subject to extraordinary delusions and the madness of crowds.


Randhir Singh Lecture on Socialism at Delhi University, Wednesday 22/4/09

In case you are interested:

A Lecture on

Socialism: Yesterday, Today and Tomorrow


Prof. Randhir Singh


Happy Pseudo-Secular Holidays!

By: on 25 Dec 2008

Jai Allah and Marx Ho Akbar.  May your new year be blessed and/or revolutionary...or at least interesting. :) Peace

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