Monday, March 22, 2010
George Kenney: "Podcast interview with British Economist John Kay" - Electric Politics
In a sure sign that establishment intellectual elites have realized that things have gone too far, here's John Kay, a columnist with the Financial Times, arguing that Iceland should not pay back its quote-unquote "obligations" from failed Icelandic banks to the governments of the UK and the Netherlands. And John has many other common-sense observations. Like him, I believe we need to rethink the language we use in economics, make the discipline more realistic, and show genuine concern for things other than pure profit.
Maybe all this doesn't sound too radical but I think that coming from the top of the British economic establishment it actually is...
I really enjoyed this interview and I hope you find it interesting and useful.
As always, please feel free to redistribute the link.