They Win Every Time

No doubt about it, the giant energy companies are talented survivors. Think of the crimes fairly or unfairly charged against Exxon and its six large “sisters”: collusion with Arab oil producers, strangling independent operators, withholding available supplies, spoiling the environment, offering bribes at home and abroad, sabotaging solar energy, and …

Revaluations II: Keynes’s General Theory

Like many economic classics, the General Theory of Employment, Interest and Money, published in early 1936, is an ill-organized, repetitious, and quarrelsome book. Save for occasional bravura passages on Egyptian pyramids, medieval masses for the dead, and the behavior of stock market speculators, the graceful English stylist of the Economic …