David Ricardo Archives - Public Seminar

As history’s pendulum swings back, the problems and promises of globalization’s fragmented frameworks become almost too evident

February 22, 2023 • by Rana Foroohar

The neoliberal thinking that has defined globalization in the West since the eighties decrees that state involvement in the economy is verboten-but that’s actually antithetical to America’s origins....

Finance

Austerity, Then and Now

An excerpt from The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism

January 9, 2023 • by Clara Mattei

Part of what makes austerity so effective as a set of policies is that it packages itself in the language of honest, hardscrabble economics. Vague sentiments such as “hard work” and “thrift” are hardly novel; they have been extolled by economists since the days of Adam Smith, David Ricardo, and ...