“Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.” CountryBitsPoorRichEconomicPolicyScalesSocialismEnterpriseGoreEconomic SystemsFree EnterpriseAmerican WriterRich CountriesMacroeconomicsKeynesianism Book:Bad Samaritans: rich nations, poor policies, and the threat to the developing world Source: Bad Samaritans: rich nations, poor policies, and the threat to the developing world
“A capitalist is someone who derives a substantial share of his income from his equity in producing companies. On this scale the figures are discouraging. Approximately ninety percent of the capital of this country is owned by five or less percent of the American people.” PeopleCountryWisdomPoliticsCompanyEconomyFiveShareFiguresPercentScalesIncomeLiberalismCapitalistEquityNinetyDiscouraging Author:William F. Buckley, Jr.