“It is ironic that Keynesianism originated as a weapon to combat depression, but became universally accepted and "successful" only during (and because of!) the postwar expansion. At the first sign of renewed world recession, Keynesian theory has proved itself to… — André Gunder Frank Copy Share Image
“Arnold Harberger, Milton Friedman & Co. Inc., your modest proposal of partial equilibrium for the general good is not without its own internal contradictions.… — André Gunder Frank Copy Share
“The crisis is a period in which a diseased social, economic, and political body or system cannot live on as before and is obliged,… — André Gunder Frank Copy Share
“It is ironic that Keynesianism originated as a weapon to combat depression, but became universally accepted and "successful" only during (and because of!) the… — André Gunder Frank Copy Share
“As to the efficacy of the policy recommended by Rostow, it speaks for itself: no country, once underdeveloped, ever managed to develop By Rostow's… — André Gunder Frank Copy Share
“The world system wide reality is the competitive dog-eat-dog war of all against all (à la Hobbes), in which only the few can win… — André Gunder Frank Copy Share
“Modern history, both early and late, was made by Europeans, who "built a world around Europe", as historians "know", according to Braudel. That is… — André Gunder Frank Copy Share
“The widely mis-interpreted 1998 'meltdown' of East Asia was a financial symptom of the renewed reality: In fact, it was the first round the… — André Gunder Frank Copy Share
“Most economic histories of the "world" not only omit most extra-European production and exchange (even most of that outside West Europe or even northwest… — André Gunder Frank Copy Share
“The most visible and often tragic sacrifice of proletarian socialism - not to mention internationalism - on the altar of nationalism, of course, has… — André Gunder Frank Copy Share
“Increasingly economic historians can draw analogies between the development of the present crisis and the period between the two world wars, as well as… — André Gunder Frank Copy Share
