James K. Galbraith said recently:

The deepest belief of the modern economist is that the economy is a self-stabilizing system. This means that, even if nothing is done, normal rates of employment and production will someday return. Practically all modern economists believe this, often without thinking much about it. (Federal Reserve Chairman Ben Bernanke said it reflexively in a major speech in London in January: "The global economy will recover." He did not say how he knew.) The...

Vaclav Klaus, President of the Czech Republic, giving a keynote address to a conference of scientists and others who reject the lies of the British Empire's green fascists, accused the European Union governments of being global warming "alarmists," while hiding their actual intentions. "They probably do not want to reveal their true plans and ambitions--to stop economic development and return mankind several centuries back," said Klaus.

The three-day conference in New York City is...

It has been become increasingly apparent that there was a potentially cataclysmic split inside the Administration. While a clearly hoodwinked President Obama was persuaded by Larry Summers and his backers that the way to solve this worst financial and monetary crisis in modern history was to turn the keys to the banking system--at taxpayers expense--to a bunch of hedge fund thieves, saner voices echoed the policies outlined by LaRouche. A group of prominent and accomplished economists, most...

James Galbraith:

In short, if we are in a true collapse of finance, our models will not serve. It is then appropriate to reach back, past the postwar years, to the experience of the Great Depression. And this can only be done by qualitative and historical analysis. Our modern numerical models just don't capture the key feature of that crisis -- which is, precisely, the collapse of the financial system. If the banking system is crippled, then to be effective the public sector must do...