A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor. — Linda McQuaig Copy Share Image
The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me to the railway station?" asks the stranger. "Certainly," says the local, pointing in the opposite direction, towards the… — Linda McQuaig Copy Share Image
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor. — Linda McQuaig Copy Share Image
“ Jeremy Bentham argued that 'even in the best of times the great mass of citizens will most probably possess few resources other than… — Linda McQuaig Copy Share Image
The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me to the… — Linda McQuaig Copy Share Image
The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective… — Linda McQuaig Copy Share Image
The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money. — Linda McQuaig Copy Share Image
Even before winning its majority, Harper's Republican-styl e Conservative party - well to the right Canada's traditional Progressive Conservative Party - managed to win… — Linda McQuaig Copy Share Image
The free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at… — Linda McQuaig Copy Share Image
For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate… — Linda McQuaig Copy Share Image
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is,… — Linda McQuaig Copy Share Image
Anyone observing U.S. politics in recent years could easily conclude that lying about having sex is a serious offense worthy of impeachment, while lying… — Linda McQuaig Copy Share Image
