Monday, 30 January 2012

Return to the Future? - Krugman tells it like it is

Paul Krugman's excellent article in the New York Times tells it like  it is. As a historian, I am continually astounded by how policy makers from issues as varied as military intervention in Afghanistan to economic policies, continue to ignore the lessons of history. I suppose it must be that with most politicians having come through the portal  of political and economic studies they have no real understanding or knowledge of history. But history cannot be buried and like some horror flick, will continue to rear its head, when it is supposed to be dead. The level of ignorance and the costs of it on ordinary workers is truly astonishing. Time to send the political and economic dunces currently running global policy back to the corner and the sooner the better.

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