WEALTH

~ NOEYPSMSATWNM ~ No One Ever Yet Possessed So Much Silver As To Want No More ~ Xenophon ~ Ways And Means ~ 355 BCE

~ FE ~ Free Enterprise ~ Alfred Marshall ~ Principles Of Economics ~ 1890

~ NIMOTT-TSI-O-CAPE-TCOTUBTS ~ Nothing Is More Obvious Today Than – The Signal Inability – Of – Capital And Private Enterprise – To – Take Care Of Themselves Unaided By The State ~ Lester Frank Ward ~ Plutocracy And Paternalism ~ 1895

~ CD ~ Creative Destruction ~ Werner Sombart ~ War And Capitalism ~ 1913

~ W-TAOW-I-NLOHSI-TWBGCI-TCOM-WS-OM-VEAM-A-PTGTTU ~ When – The Accumulation Of Wealth – Is – No Longer Of High Social Importance – There Will Be Great Changes In – The Code Of Morals – We Shall – Once More – Value Ends Above Means – And – Prefer The Good To The Useful ~ Keynes ~ Essays In Persuasion ~ 1931

~ WTCDOACBABPOTAOAC-TJILTBID ~ When The Capital Development Of A Country Becomes A By-Product Of The Activities Of A Casino – The Job Is Likely To Be Ill Done ~ John Keynes ~ General Theory Of Employment, Interest And Money ~ 1936

~ SMDNHABOASSOE-B-TPISW-EBTBOAWOS ~ Speculators May Do Not Harm As Bubbles On A Steady Stream Of Enterprise – But – The Position Is Serious When – Enterprise Becomes The Bubble On A Whirlpool Of Speculation ~ John Maynard Keynes ~ The General Theory Of Employment, Interest And Money ~ 1936

~ WTMSG-ID-ICSOS ~ When The Monster Stops Growing – It Dies – It Can’t Stay One Size ~ John Steinbeck ~ The Grapes Of Wrath ~ 1939

~ TWNNALF-FMCNHCIBMBATTTTC ~ There Was Nothing Natural About Laissez-Faire – Free Markets Could Never Have Come Into Being Merely By Allowing Things To Take Their Course ~ Karl Polanyi ~ The Great Transformation ~ 1944

~ TWTEGWTPG ~ The Way To End Glut Was To Produce Gluttons ~ Vance Packard ~ The Waste Makers ~ 1960

~ H-O-ANACOMACBI ~ Homo Oeconomicus – As Narrow A Concept Of Man As Can Be Imagined ~ Piero Mini ~ Philosophy And Economics ~ 1974

~ EC ~ Economic Genocide ~ Andre Gunder Frank ~ Economic Genocide In Chile ~ 1976

~ D-IAECOACE ~ Debt – Is An Essential Characteristic Of A – Capitalist Economy ~ Hyman Minsky ~ The Financial Instability Hypothesis ~ 1977

~ TTT-TDW-IASIB-I-TBI-IACE ~ The Tendency To – Transform Doing Well – Into A Speculative Investment Boom – Is – The Basic Instability – In A Capitalist Economy ~ Hyman Minsky ~ The Financial Instability Hypothesis ~ 1977

~ M-AO-T-TM-AGS-B-ABM-A-AWR ~ Markets – Are Only – Tools – They Make – A Good Servant – But – A Bad Master – And – A Worse Religion ~ Paul Hawking + Amory Lovins + Hunter Lovins ~ Natural Capitalism ~ 1999

~ T-GFS-HBA-PP-TLOTFOIH-TPE ~ The – Global Financial System – Has Become A – Parasitic Predator – That Lives Off The Flesh Of Its Host – The Productive Economy ~ David Korten ~ When Corporations Rule The World ~ 2001

~ TTID ~ This Time Is Different ~ Chris Farrell ~ Deflation ~ 2004

~ IT-IFS-DIM ~ In Today’s – Illusory Financial Scheme – Debt Is Money ~ Mary Ellen Brown ~ Web Of Debt ~ 2007

~ TBSHBG-B-I-P-‘D’A-A-F-A-TFAHSUTRA ~ The Banking System Has Become Gridlocked – Because – Its Pretended – “Derivative” – Assets – Are – Fake – And – The Fake Assets Have Swallowed Up The Real Assets ~ Mary Ellen Brown ~ Web Of Debt ~ 2007

~ EAAP-A-BTCES-IBI ~ Economists Are Arrogant People – And – Because They Can’t Explain Something – It Becomes Irrational ~ Eugene Fama ~ Interview ~ 02-11-2007

~ TW-‘B’-DMN ~ The Word – “Bubble” – Drives Me Nuts ~ Eugene Fama ~ Interview ~ 02-11-2007

~ SMTTFSATMECF ~ Shovelling Money To The Financial Sector And The Monied Elite Comes First ~ Charles Morris ~ The Trillion Dollar Meltdown ~ 2008

~ WOPTMWWPN ~ We Often Pay Too Much When We Pay Nothing ~ Dan Ariely ~ Predictably Irrational ~ 2008

~ TTOWMOASBTP-OTITHLTH ~ The Terms On Which Markets Operate Are Set By The Powerful – Our Tragedy Is To Have Let This Happen ~ Raj Patel ~ The Value Of Nothing ~ 2009

~ TAMFOWAMWTSI ~ There Are Many Forms Of Wealth And Many Ways To Share It ~ Peggy McColl ~ 21 Distinctions Of Wealth ~ 2008

~ M-IAMO-B-E-F ~ Money – Is A Matter Of – Belief – Even – Faith – Niall Ferguson ~ The Ascent Of Money ~ 2008

~ WODS-A&A-ITHOFC-ITWAAIWTH-IED ~ What One Does See – Again And Again – In The History Of – Financial Crises – Is That When An Accident Is Waiting To Happen – It Eventually Does ~ Carmen Reinhart + Kenneth Rogoff ~ This Time Is Different ~ 2009

~ SG-T-ODNN-WTBGA-A-RTTBSULAT ~ Surplus Goods – That – One Did Not Need – Were To Be Given As – Alms – Rather Than To Be Stored Up Like A Treasure ~ Richard Horsley ~ Covenant Economics ~ 2009

~ OTB ~ On The Brink ~ Henry Paulson ~ On The Brink ~ 2010

~ P/S-C/S ~ Primes / Subprimes / Crimes / Subcrimes ~ Susan George ~ Whose Crisis, Whose Future? ~ 2010

~ WWYD-I-YMWNWA? ~ What Would You Do – If – Your Money Was Not Worth Anything? ~ Juliet Schor ~ Plenitude ~ 2010

~ TM-INB-ACWO-GI ~ The Market – Is Nothing But – A Complex Web Of – Government Interventions ~ Linda McQuaig + Neil Brooks ~ The Trouble With Billionaires ~ 2010

~ WWM? ~ Where’s Waldo’s Mortgage? ~ James Kunstler ~ Too Much Magic ~ 2010

~ GMII ~ Genetically Modified Investment Instruments ~ James Kunstler ~ Too Much Magic ~ 2010

~ ZE ~ Zombie Economics ~ John Quiggin ~ Zombie Economics ~ 2010

~ ATESTCCTPDTBTRATEOTPHDPT ~ All The Evidence Supports The Commonsense Conclusion That Policies Designed To Benefit The Rich At The Expense Of The Poor Have Done Precisely That ~ John Quiggin ~ Zombie Economics ~ 2010

~ BABB ~ Bigger And Better Bubbles ~ John Quiggin ~ Zombie Economics ~ 2010

~ LTEC ~ Let Them Eat Credit ~ Raghuram Rajan ~ Fault Lines ~ 2010

~ PC ~ Peak Credit ~ James Kunstler ~ Too Much Magic ~ 2010

~ CSBAPG ~ Credit – Should Be A – Public Good ~ Susan George ~ Whose Crisis, Whose Future? ~ 2010

~ TIT-MA-S-R-RAMBITRFC-A-SBBOAFA-M-R-O-SI-TST-TRO-CALA-TE-PR-AO-R-TRIAAFMF-IOW-MDN-C-R-S-O-S-T-THOCHBAPOLARTL ~ The Idea That – Markets Are – Self-Regulating – Received A Mortal Blow In The Recent Financial Crisis – And – Should Be Buried Once And For All – Markets – Require – Other – Social Institutions – To Support Them – They Rely On – Courts And Legal Arrangements – To Enforce – Property Rights – And On – Regulators – To Rein In Abuse And Fix Market Failures – In Other Words – Markets Do Not – Create – Regulate – Stabilize – Or – Sustain – Themselves – The History Of Capitalism Has Been A Process Of Learning And Relearning This Lesson ~ Dani Rodrik ~ The Globalization Paradox ~ 2011

~ BITS ~ Banking In The Shadows ~ Nicholas Dunbar ~ The Devil’s Derivatives ~ 2011

~ PGTB ~ Pop Goes The Bubble ~ Nicholas Dunbar ~ The Devil’s Derivatives ~ 2011

~ WIEO-OTLFTY-MHBE-ACOTS ~ Whatever Its Earliest Origins – Of The Last Four Thousand Years – Money Has Been Effectively – A Creature Of The State ~ David Graeber ~ Debt ~ 2011

~ OOTHCO-TCGFC-ITTPWSIC-HMTGFI-B-TSP-TTD-B-TTPTP ~ One Of The Hidden Causes Of – The Current Global Financial Crisis – Is That The People Who Saw It Coming – Had More To Gain From It – By – Taking Short Positions – Than They Did – By – Trying To Publicize The Problem ~ Michael Lewis ~ Boomerang ~ 2011

~ I-B-MAS-A-BHM ~ Insatiability – Both – Material And Spiritual – Are – Basic Human Metacharacteristics ~ Tomas Sedlacek ~ Economics Of Good And Evil ~ 2011

~ FFE ~ Famous Fragilista Economist ~ Nassim Nicholas Taleb ~ Antifragile ~ 2012

~ AFO-FDE-HE-WNILGLWTAWRTS-ESO-SNTD-A-TWTC ~ A Form Of – FairyDust Economics – Has Emerged – Where Numbers In Ledgers Get Larger While The Actual World Remains The Same – Every So Often – Someone Notices The Discrepancy – And – The Whole Thing Collapses ~ Nick Harkaway ~ The Blind Giant ~ 2012

~ N-ITHOTP-HSM-GSM-TSF-WWSR-WAAIR ~ Never – In The History Of The Planet – Had So Many – Given So Much – To So Few – Who Were So Rich – Without Asking Anything In Return ~ Joseph Stiglitz ~ The Price Of Inequality ~ 2012

~ TSWTASMIGTGTGYO ~ The Simplest Way To A Sustainable Monopoly Is Getting The Government To Give You One ~ Joseph Stiglitz ~ The Price Of Inequality ~ 2012

~ IWLNITLC-WSHLT-GSOBBICOH ~ If We’ve Learned Nothing In The Last Century – We Should Have Learned That – Government Support Of Big Business Is Capitalism’s Only Hope ~ Thomas King ~ The Inconvenient Indian ~ 2012

~ TMB ~ Throw Money Better ~ Hazel Rose Markus + Alana Conner ~ Clash! ~ 2013

~ T-ADW-I-TFRIADI ~ That – Austerity Doesn’t Work – Is – The First Reason It’s A Dangerous Idea ~ Mark Blyth ~ Austerity ~ 2013

~ EITWND-DHLIAMEF-‘ZE’~ Economic Ideas That Will Not Die – Despite Huge Logical Inconsistencies And Massive Empirical Failures – “Zombie Economics” ~ Mark Blyth ~ Austerity ~ 2013

~ FOUWITTP-B-WAABATPTB ~ Few Of Us Were Invited To The Party – But – We Are All Being Asked To Pay The Bill ~ Mark Blyth ~ Austerity ~ 2013

~ F-ND-AGI ~ Facts – Never Disconfirm – A Good Ideology ~ Mark Blyth ~ Austerity ~ 2013

~ TPPOFI ~ The Political Power Of Financial Ideas ~ Mark Blyth ~ Austerity ~ 2013

~ TZBI ~ The Zombie Banking Industry ~ Bill Bonner ~ Hormegeddon ~ 2014

~ B-WOBIF ~ Brands – Were Originally Burned Into Flesh ~ Christian Rudder ~ Dataclysm ~ 2014

~ TVABTMAAUPFHE ~ The Values Assigned By The Marketplace Are An Unreliable Proxy For Human Excellence ~ Matthew Crawford ~ The World Beyond Your Head ~ 2015

~ IWAFP ~ It Was All Financial Pettifoggery ~ Satyajit Das ~ The Age Of Stagnation ~ 2016

~ WDOD ~ Walking Dead Of Debt ~ Steve Keen ~ Can We Avoid Another Financial Crisis? ~ 2017

~ MCAOTBDMTS ~ Most Consumers Are Obliged To Be Debtors Merely To Survive ~ Michael Hudson ~ J Is For Junk Economics ~ 2017

~ TIT-SPP-E-A-T-CPHA-INR-TI-CWA-T-AOW-IA-TFOA-SP-WD-AOT-O-PI(SA:L/F/ES)-TSDOL-A-TKABHOC-USC-IIPLTPWHALAOWSRAFOITTCEYY ~ The Idea That – Strictly Private Property – Exists – And – That – Certain People Have An – Inviolable Natural Right – To It – Cannot Withstand Analysis – The – Accumulation Of Wealth – Is Always – The Fruit Of A – Social Process – Which Depends – Among Other Things – On – Public Infrastructures (Such As: Legal / Fiscal / Educational Systems) – The Social Division Of Labour – And – The Knowledge Accumulated By Humanity Over Centuries– Under Such Conditions – It Is Perfectly Logical That People Who Have Accumulate Large Amounts Of Wealth Should Return A Fraction Of It To The Community Each Year ~ Thomas Piketty ~ Capitol And Ideology ~ 2020

~ PC ~ Plantation Capitalism ~ James Lawson Junior ~ [Eulogy For George Floyd] ~ 30-07-2020