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Posts Tagged ‘dirigisme’
Naked Capitalism: Some form of global central planning may be necessary…
February 25, 2010
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In an ironic twist to the growing realization that this crisis is far from over despite the glad-handing in Washington on having barely escaped Great Depression II, Yves Smith, of Naked Capitalism, yesterday suggested that some form of central planning – similar to the collapsed Soviet Union – may be necessary to avoid the economic calamity separately predicted by Peter Boone and Simon Johnson, and by Martin Wolf.
Categories: political-economy, shorter work time, Uncategorized
budget deficit, central planning, China, Depression, dirigisme, economic collapse, economic policy, Economy, Federal Reserve, financial crisis, great depression, Martin Wolf, Naked Capitalism, NSC-68, Peter Boone, political-economy, recession, shorter work week, Simon Johnson, sovereign risk, soviereign default, soviet union, Swedish Lex, Yves Smith
Re: The People 