It's Friday Night! Party Time!
Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
This weeks video clip theme is William Greider. Greider is a fantastic journalist and author who covers economics, trade and markets. Now while some economists have criticized him now that it is 2008, maybe he was more dead on than they care to admit? He goes into great depth, certainly the most detailed analysis that is not written for an Academic audience. Greider is the Cassandra of globalization, as being advanced in practice.
On Wal-Mart and the model of cheap labor-cheap prices:
Here Greider is claiming the conservative orthodoxy is now on the decline..breaking down. Unfortunately he's been saying this since at least 1998. (wishful thinking!)
Here he is talking about the Death of Democracy due to the special interest and lobbyist money....this hour long interview is from 1992.
Greider writes for The Nation and some of his books are listed here. Libertarians especially will love his book on the Federal Reserve.