Sunday, May 06, 2012

US Politics: Economist's View comments via NachDenkSeiten on James Galbraith Interview and the United States Political Spectrum


Mark Thoma at Economist's View in James Galbraith on US Politics writes regarding the English version produced at his blog:
"Here's the second part of the the interview of Jamie Galbraith (German version) conducted by Roger Strassburg and Jens Berger of the German blog NachDenkSeiten (the first part is here). This is on US politics...."
Interesting is the idea that rampant right wing economics has in part developed because of the fall of the Soviet Union and the erroneous idea of a number of people that there are no workable alternatives to capitalism.

Of course, there is a serious flaw in that view, because pure capitalism does not exist.

That is the colossal error of far right wing economics, as we posted at Law Pundit at Social Capitalism and the USA: America, You Have Socialism, You Just Don't Know It, with many people in the USA not realizing that what America and the rest of the free world actually has, is social capitalism, and that is a completely different animal than the pure entrepreneurial capitalism that everyone is touting, but which does not exist at all. It is a nostalgic myth.

Economic Instability: Economist's View comments via NachDenkSeiten on James Galbraith Interview and the Idea that Inequality Goes Hand and Hand with Instability

Mark Thoma at Economist's View in Via NachDenkSeiten: James Galbraith on Inequality writes regarding the English version produced at his blog:
"Roger Strassburg and Jens Berger of the German blog NachDenkSeiten thought you might enjoy this interview about inequality with James Galbraith (German version). There are two additional segments, one on the Euro crisis and one on US politics, and I'll follow up with those over the next few days."
Interesting is Galbraith's core idea that measures of inequality are very good indicators of instability.

Albert Einstein Archive Digitization Online: High Resolution Document Scans Available

For those physic(ally) inclined....

The Einstein Archives Online
at alberteinstein.info,
are a joint project of the
and now, as part of a 2012 digitization project,
high resoluton document scans are being made available

for free viewing or browsing.

Keyword search of the Archival Database is provided
together with a Finding Aid to the Albert Einstein Archives,
which includes Einstein's Biographical Timeline.

Hat tip to the just published print version of the German computer magazine CHIP, 06/2012, p. 11. See also online chip.de.

Crossposted from Einstein's Voice.

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