My Time with Soviet Economics

Published on VDARE.com – October 29, 2002 (Published in The Independent Review, v.VII, n.2, Fall 2002,pp. 259– 264.) The academic study of the Soviet economy was unsuccessful. Several widely held misconceptions contributed to the lack of success. Western economists assumed that economic growth was assured, because the central planning authority controlled the rate of investment. They assumed that the Soviet…

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Abolishing The West (contd.): The Gottfried Analysis

Americans have a wide choice of worries to worry about. We can worry about terrorists, war in the Middle East, snipers, job security, teen shooting sprees, the stock market, political leadership, badly educated kids, political correctness, civil liberties, disease carrying mosquitoes, environmental degradation, sexually active preteens, sexism, racism, reverse discrimination, lawsuits. Just name it. Probably it is a recognized worry.…

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Global Economy Needs More Attention Than Iraq

Is the U.S. economy recovering, or is it being held back by its global connections? Japan has been in the doldrums for a dozen years. Now comes a report from the London Telegraph that German banks teeter on the precipice, putting more strains on the global financial system. Germany’s weak economy and spectacular bankruptcies mean billions in loan losses for…

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As Bush Gears Up To Send Army Overseas, American Jobs Are Already There

Obsessed with Saddam Hussein, the Bush administration believes an invasion of Iraq is a winning issue. Meanwhile, the economy continues to drag. The latest statistics show no job growth and no income growth. Low interest rates and home mortgage refinance have cut monthly housing payments, thus permitting consumers to continue spending. However, the stock market has not recovered. The longer…

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Remaking The World – An UnAmerican Activity

During the latter part of the 18th century, two revolutions erupted, one in 1776 and the other in 1789. Both were conducted in the name of liberty, but they were fundamentally different. After evicting the British with relatively minor bloodshed, the new United States of America settled down to cultivating its own garden. The French, after massacring the upper classes,…

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My Time with Soviet Economics

This article by Paul Craig Roberts appeared in the Fall 2002 issue of The Independent Review. The academic study of the Soviet economy was unsuccessful. Several widely held misconceptions contributed to the lack of success. Western economists assumed that economic growth was assured, because the central planning authority controlled the rate of investment. They assumed that the Soviet economy was…

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Immigration Abolishes American Loyalties; Not A Good Time To Start A World War

President Bush’s invasion of Iraq will be a strategic mistake with catastrophic consequences for the United States. So concludes a report [pay archive] by William S. Lind of the Free Congress Foundation. Lind argues that the U.S. is attempting to confront terrorism by applying “Second Generation” warfare—essentially the application of firepower to targets—to a “Fourth Generation” conflict. This is a…

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