Pray For Yanis Varoufakis Greece’s new Finance Minister is a highly intelligent person. His likes are not to be found in any Western government. As he stands in the way of those who are determined to complete their looting of Greece, the Western looters are out to get him. The BBC, as the interview in the link below demonstrates, was…

The Destructive Component in Capitalism’s ‘Creative Destruction’ Is Very High Paul Craig Roberts In my book, The Failure of Laissez Faire Capitalism http://www.amazon.com/The-Failure-Laissez-Faire-Capitalism/dp/0986036250/ref=sr_1_2?ie=UTF8&qid=1397093713&sr=8-2&keywords=how+america+was+lost&tag=paulcraigrobe-20 , I explain the concept of external or social costs. These are the costs associated with production that are not incurred by the producer but are inflicted on outside third parties, most often the environment, such as…