So, John Maynard Keynes, the iconic economist of the left, would see Brexit as pretty close to the ideal family of nations. One in which “Ideas, knowledge, science, hospitality, travel--” flow freely among countries. But, according to Keynes, Quote: “let goods be homespun whenever it is reasonably and conveniently possible, and, above all, let finance be primarily national.”Read more
It has been those lost jobs, that has caused the American Labor Force participation Rate to drop. And I believe that it has been this relatively poor employment outlook that has caused many workers to change their basic world view. Although like most consumers, these workers have also benefited from the imported low cost goods at, for instance, Walmart. There is now a growing realization that those low cost items, have been purchased at the cost of US Jobs. And the person who made that point, more than any others, was a rough and tumble business man from Queens New York, named Donald Trump. This multi-billionaire has somehow bonded with the American middle class, the wage earners and small business men, who have been hurt by globalization.Read more
You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.