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View Diary: Krugman on the Failure of Economics in a Crisis (20 comments)

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  •  "why nations fail" -- a related good read n/t (1+ / 0-)
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    blue armadillo
    •  Blue (1+ / 0-)
      Recommended by:

      Thank you. I was just reading a review of it a few hours ago. It sounds fascinating and is on my reading list. I agree with what I understand of their argument, that nations fail because the rest of us buy into the self-serving arguments and have written in several Diaries that,

      Why would anyone be morally bound or wish to be morally bound to a civil society that does not share the goal that it’s citizens deserve a fair distribution of wealth, income and power? If the civil society is not dedicated to that end what else could it possibly be dedicated to? What is freedom, to those without wealth, income or power?

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