Monthly Archives: June 2018

The Dilemma of Postmodern Metaphors in Economics

When explaining something the ideal rational language is literal and straightforward and has a unique relationship to the truth. Until the last 40 years metaphors were dismissed as deviant, misleading embellishments imposed on otherwise clear discourse. Metaphors can’t change reality; … Continue reading

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An Analysis of the Circulation of Elites in America

At the turn of the 20th century, Vilfredo Pareto (1848-1923) was attempting to refute the claim that socialism provided a superior solution to economic problems. Pareto became concerned that if liberalism was superior why wasn’t it being generally practiced. This … Continue reading

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The Rise of the Kleptocracy: America’s Security Threat

Milton Friedman’s neoliberal triumvirate of privatization, deregulation – free trade, and drastic cuts to government spending laid the groundwork for Reagan economic policies of deregulation that began in the 1980s. This, in turn, launched globalization which was supposed to undermine … Continue reading

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