Quote:
John Kenneth Galbraith wrote that ‘there can be few fields of human
endeavour in which history counts for so li*le as in the world of finance.
Past experience ... is dismissed as the primitive refuge of those who do not
have the insight to appreciate the incredible wonders of the present.’
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from this overview of the present mess.
http://www.informaworld.com/smpp/tit...6414492~db=all
this should take you to the table of contents.
the article is the first one:
The Importance of the Financial Crisis
5 – 14
Author: Alexander Nicoll
it offers little, but is a good, if general, reminder of what's at play, how high the stakes are, and of the problems that await should obama remain too mired in the nets of neoliberal thinking.