I still think a religious revival is next. If a hurricane gets the oil slick and spews it all over the New South, that ought to be interesting.
http://www.independent.co.uk/news/world/americas/friedrich-hayek-darling-of-the-right-is-reborn-in-the-usa-2017267.html excerpt: Gurus of Economics *When the financial crisis and the Great Recession presented challenges for politics and for economics unlike anything seen since the 1930s, sending people scurrying for the economic philosophers of more than half a century ago, the first they reached for was John Maynard Keynes. An economist who rose through the ranks of the British civil service, he was instrumental in restoring the UK after the Great Depression, and in reshaping the global financial order after the chaos of the Second World War. As well as providing the academic underpinning for government efforts to stimulate demand in the economy, he also had much to say about banking. "Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation." On the same Fox programme in which Glenn Beck proselytised Hayek's tome, he also waved a copy of 'Atlas Shrugged', the 1957 novel by Ayn Rand, the Russian-American philosopher who is another darling of the libertarian right. This book, too, has found its way back into the charts. In it, Rand fantasises a "strike" by America's most productive capitalists and creative scientists, driven away by government interventions that restrict their businesses and redistribute their wealth, a strike that leads to the collapse of society. Alan Greenspan, the deregulating chairman of the US Federal Reserve, was a Rand devotee. _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
