The Failure of the "New Economics" (1959) is a book by Henry Hazlitt offering a detailed critique of John Maynard Keynes' work The General Theory of Employment, Interest and Money (1936). Hazlitt...
He calculates that the so-called Icelandic “financial elite” consisted of no more than 30 people. The new banks funded the politicians who had privatised them and global expansion came to follow...
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