
Did Capitalism Fail?
Sep 13, 2013 & argue that 2008's near-meltdown was a failure of contemporary economic models' understanding of the role of financial markets in capitalist economies.
Michael D. Goldberg is Professor of Economics at the University of New Hampshire. He is the co-author of Imperfect Knowledge Economics and Beyond Mechanical Markets.
Sep 13, 2013 & argue that 2008's near-meltdown was a failure of contemporary economic models' understanding of the role of financial markets in capitalist economies.
After a gradual decade-long democratization process, Myanmar’s military seized power again in February and is waging a ruthless crackdown against unarmed civilian protesters. A major escalation of the ongoing turmoil – civil war is a growing possibility – would have implications far beyond the country’s borders.