An excellent interview with Dr. Helen Smith titled "The Apex Fallacy"
On the economy - an EXCELLENT analogy showing the fallacies of the Keynesian economic assertions of current economic gurus such as Paul Krugman (recent Nobel laureate). It's called "The Importance of Capital Theory"
It amazes me that an economic school that so far has predicted every major turn of our economy for the last hundred years or so is considered "obsolete" - while the more modern schools of thought are completely flummoxed at our current crisis.
The EU buys time
4 hours ago