We can manage
Dan Davies, The Unaccountability Machine: How Systems Make Terrible Decisions and How the World Lost Its Mind Profile Books, £22.00 by Michael Pollak why Hayek was wrong Here is what mainstream economics thinks we know about managing the economy: There was a debate in the 1920s and 1930s and central planning lost. It was proven, by people like Hayek and others, that central planning couldn’t work. Its outcomes would always be inferior to the market, and usually far inferior. Over the next century, with some fits and starts, everyone eventually accepted this… Read More
LBO News from Doug Henwood 
Posted on February 9, 2009 by Doug Henwood
Radio commentary, February 7, 2009
[As the introductory sentence says, these comments were the opening to a special fundraising edition of Behind the News in its KPFA avatar. No audio is available because the show consisted mainly of excerpts from David Harvey’s lectures on Capital and pleas for support. If you like reading these commentaries and listening to the audio archives, you can help assure them a future by pledging to support KPFA. You can do that online here: Donate to KPFA. The lectures by Harvey are listed in the right column, “$101 and Up” – search for… Read More