Courtesy of Jesse's Cafe Americain
Mindful Money has published an eclectic collection of short interviews with those whom they describe as 'the new economists.'
These include Steve Keen, Unlearning Economics, Positive Money, Modern Monetary Mechanics, Pragmatic Capitalism, and a little known Café which they describe as:
An anonymous blogging site with a pleasant relaxed feel ("an oasis of civility in an increasingly uncivil world", the site includes images from the Café's signature dishes in the left margin), wry humour and a global readership. Jesse has a strong interest in reining in the banks and reforming economics and incorporates some stunning graphs into his blog posts.
However in a a recent, somewhat resigned post, he wrote: "I do not think the US is ready to insist on serious reform. It will take another crisis. The anti-regulatory slogans are too effectively ingrained in the public psyche. And self-deception is a powerfully addictive state of mind. Especially for those whose expansive lifestyles depend on it."
I don't feel as resigned as exasperated at times. But that is the nature of a sea change which happens slowly and quietly over a long interval until one suddenly notices it and, voilà.
Do not expect profundity and lengthy expositions of economic thought from yours truly, because after all it was a Q&A and I was able to give what I thought were plain answers that struck to the heart of the questions right 'off the cuff' as they say. We become lost in a fog of words, at a time when action is becoming ever more important on the individual level.
The menu of answers should surprise no regular patron of Le Café. But I see in reading it now that I did manage a quip or two to quicken the sauce of the dismal science.
Q. If you could travel back in time and change something in the financial world that would benefit society, what would it be?
A. I would help Alan Greenspan achieve a wonderfully rewarding career as a professional clarinetist.
And then I would skip forward ten years or so and stop the Bankers' campaign to repeal Glass Steagall.