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Wednesday, May 27, 2020

MISTAKING BEAUTY FOR TRUTH EQUITABLE GROWTH

'We bought into the idea that the invisible hand severely constrains, and that looks a lot less persuasive now.' Krugman

Little late.

He does note, in the intereview, that globalization was at first an FDR initiative, not a Republican one. 

But he is technically flatly wrong about that, in that global liberalism as a peace and democracy and unification and anti imperialism initiative went back to certainly the time of Woodrow Wilson if not also to some extent back into the 19th Century. 

American anti imperialism began formally of course in 1776.

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