Luddite fallacy - Wikipedia, the free encyclopedia The Luddite fallacy is an opinion in development economics related to the belief that labour-saving technologies (i.e., technologies that increase output-per-worker) increase unemployment by reducing …

Busted: Stories of the Financial Crisis | The Nation For all the fame surrounding Milton Friedman, Ayn Rand and Alan Greenspan, their contributions to a political economy of modern capitalism are minor in relation to those of Friedrich von Hayek, a foun…

The Atlantic :: Magazine :: The Politically Incorrect Guide to Ending Poverty Halfway through the 12th century, and a long time before economists began pondering how to turn poor places into rich ones, the Germanic prince Henry the Lion set out to create a merchant’s mecc…

Douglas Rushkoff » Radical Abundance

A Summary/Explanation of John Maynard Keynes’ General Theory (Aaron Swartz's Raw Thought) With the recent economic crisis, there has been much talk of John Maynard Keynes and his economics. Keynes, the story goes, figured out the causes of the Great Depression and in doing so revolutionize…

Keynes, Explained Briefly (Aaron Swartz's Raw Thought) If you read the economic textbooks, you’ll find that the job market is a market like any other. There’s supply (workers) and demand (employers). And the incredible power of market competit…

The General Theory of Employment, Interest and Money by John Maynard Keynes