I’m a historian of economics. Check out my publications at my university’s website.
By this expert
Economics and politics go hand in hand, we all know that.
Mention the government and the market and all academic reflection and civilized discussion dissolves into heated monologues. Politicians are an extreme case.
In his two-tome, 1400 page Dutch Leerboek der Staathuishoudkunde (Textbook of Economics), first published in 1884, Nicolaas Pierson (1839 - 1909) accuses the great Scotsman of being a communist – or at least of consciously clearing the way for the socialists with their ideal of a communist society.
The financial and economic crises started by the fall of Lehman Borthers came as a big shock, a financial shock, an economic shock, a psychological shock, and a political shock among others.