One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...
Pre-Capitalist economic formations - Karl Marx Pre-Capitalist Economic Formations is part of a huge manuscript Marx wrote in researching and preparing what would become A Contribution to the Critique ...
The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...
Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...
Until comparatively recently, with the slight exception perhaps of certain pockets within the academy, it was a general tendency among educated people as well, even those of radical temper, to put ...
American economics departments don't teach Karl Marx or Arthur Laffer for the same reason: Their economic theories were wrong. Yet Laffer's discredited ideas are now driving Indiana's tax policy. Marx ...