Michael Strong is an American businessman who is a devotee of the Austrian school of economics. Austrians view democratic governance as so inherently illegitimate that they claim that virtually any governmental program irretrievably consigns us to the “Road to Serfdom.” Strong has decided to save Hondurans from their government. He wants his corporation to buy a Honduran city named Puerto Castilla and turn it into his first global “model city.” The Honduran government holds power through a coup that removed that forced out Manuel Zelaya, the democratically-elected President. The coup occurred during the Obama administration and returned the oligarchs to power. The administration criticized the coup but recognized the (eventual) newly elected President Profirio Lobo. The constitutional chamber of Honduras’ Supreme Court (which provided a fig leaf of respectability for the coup) rule 4-to-1 that it was unconstitutional to create privately run cities. (The decision is expected to be appealed to the full Supreme Court.)
- Help Us Develop New Media Content
LOOK WHAT THEY’RE SAYING:
International Post Keynesian Conference @ UMKC
- Conference site and details are found here.
Bank Whistleblowers United
Posts Related to BWU
Listen to Our Podcast
- Randy Wray on Krugman and the Frustration of the Heterodox April 28, 2014
- Fred Lee Talks About his Contributions to Heterodox Economics April 18, 2014
- Feb. 27 Podcast with Randy Wray February 27, 2014
- Bill Black and Randy Wray October 21, 2013
- Political Theatre and the Government Shutdown October 2, 2013
- Randy Wray: The Taper, the Debt Ceiling and the Prospects for Growth September 23, 2013
- Stephanie Kelton Talks with Warren Mosler September 4, 2013
Recommended Reading
Subscribe
Articles Written By
Categories
Archives
January 2021 M T W T F S S « Apr 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Blogroll
- 3Spoken
- Angry Bear
- Bill Mitchell – billy blog
- Corrente
- Counterpunch: Tells the Facts, Names the Names
- Credit Writedowns
- Dollar Monopoly
- Econbrowser
- Economix
- Felix Salmon
- heteconomist.com
- interfluidity
- It's the People's Money
- Michael Hudson
- Mike Norman Economics
- Mish's Global Economic Trend Analysis
- MMT Bulgaria
- MMT In Canada
- Modern Money Mechanics
- Naked Capitalism
- Nouriel Roubini's Global EconoMonitor
- Paul Kedrosky's Infectious Greed
- Paul Krugman
- rete mmt
- The Big Picture
- The Center of the Universe
- The Future of Finance
- Un Cafelito a las Once
- Winterspeak
Resources
Useful Links
- Bureau of Economic Analysis
- Center on Budget and Policy Priorities
- Central Bank Research Hub, BIS
- Economic Indicators Calendar
- FedViews
- Financial Market Indices
- Fiscal Sustainability Teach-In
- FRASER
- How Economic Inequality Harms Societies
- International Post Keynesian Conference
- Izabella Kaminska @ FT Alphaville
- NBER Information on Recessions and Recoveries
- NBER: Economic Indicators and Releases
- Recovery.gov
- The Centre of Full Employment and Equity
- The Congressional Budget Office
- The Global Macro Edge
- USA Spending