The Case for Radical Economics

(Another long and important read – I’ve tried to make this accessible for people who normally switch off when the word Economics is mentioned.)

One of the most painful aspects of a recession is the many people out of work, sometimes for a long time.

Mainstream economic thinking says that jobs are created by entrepreneurs and by more investment, so this should be encouraged with tax breaks for the wealthy.

There’s a partial truth to this, but it ignores an even more important fact that jobs are created by customers with money in their pockets.