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  1. Matthew Davidson (mjd@microblog.mjd.id.au)'s status on Saturday, 11-Nov-2017 22:57:12 EST Matthew Davidson Matthew Davidson
    Why academic publishing sucks: essay published in 1930 available as a chapter in a collection; buy book for €24.99; buy just the one chapter and save, at €24.95. https://link.springer.com/chapter/10.1007/978-1-349-59072-8_25
    In conversation Saturday, 11-Nov-2017 22:57:12 EST from microblog.mjd.id.au at 33°50'32"S 151°13'21"E permalink

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      Economic Possibilities for Our Grandchildren
      from SpringerLink
      We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress which characterised the nineteenth century is over; that
    1. Matthew Davidson (mjd@microblog.mjd.id.au)'s status on Saturday, 11-Nov-2017 23:04:45 EST Matthew Davidson Matthew Davidson
      in reply to
      Not a great essay, BTW. Teensy bit imperialist: "I trace the beginnings of British foreign investment to the treasure which Drake stole from Spain in 1580. […] Queen Elizabeth was a considerable shareholder in the syndicate which had financed the expedition. Out of her share she paid off the whole of England’s foreign debt, balanced her Budget, and found herself with about £40,000 in hand." #Keynes
      In conversation Saturday, 11-Nov-2017 23:04:45 EST from microblog.mjd.id.au at 33°50'32"S 151°13'21"E permalink
      1. Matthew Davidson (mjd@microblog.mjd.id.au)'s status on Saturday, 11-Nov-2017 23:07:07 EST Matthew Davidson Matthew Davidson
        in reply to
        OTOH, you could say that this expresses a timeless verity about the nature of foreign "investment" still applicable to this day.
        In conversation Saturday, 11-Nov-2017 23:07:07 EST from microblog.mjd.id.au at 33°50'32"S 151°13'21"E permalink
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