From: Rakesh Bhandari (bhandari@BERKELEY.EDU)
Date: Tue Jul 11 2006 - 13:07:32 EDT
Yet bourgeois economics can't itself break free from fetishistic ideas about money and its attraction to money cranks-- one remembers Keynes' praise of the under- world of demagogues...So why pick on a poet? rb Route of all Evil The Political Economy of Ezra Pound Meghnad Desai Availability : Indent Only - 4-6 weeks for delivery Description : An insightful examination of the economic writings of Ezra Pound In his fresh analysis of Ezra Pound's thought, Meghnad Desai separates the gold dust in Pound's economic writings from the dross of his anti-semitic diatribes. He shows how fresh and radical Pound's economics was in the years of the Great Depression. And he traces how, as the Second World war came nearer, Pound transformed himself first of all into a self-styled guru who could end the war if only America would listen - and then into a bitter, rejected, hateful Cassandra. Ezra Pound was a major figure in the American and European literary world in the last century. He was also notoriously indicted for treason in a US court - but judged unfit to stand trial and incarcerated in a mental hospital for thirteen years. His anti-semitic and fascist views are well-known. But he also wrote a great deal of economics. He championed the Social Credit schemes of Major Douglas and proposed his own plans for restoring full employment in the middle of the Great Depression. His economic writings span nearly two decades and range from the nature of money to the evils of banks' monopoly over credit creation and the debilitating effects of Usury. His views on money are part of the rich tradition of monetary heterodoxy which argues that money and monetary authorities should be made to serve the people rather than be slaves to financial prudence. The Route of All Evil willrestore Pound's relevance as a radical economist who has much to offer those who protest against the injustice of Third World Debt and the Washington Consensus, participants in the World Social forum, and everyone interested in hetrodox economics. About the Author : Meghnad Desai was born in Baroda and studied Economics at Bombay University. His doctorate at the University of Pennsylvania was supervised by the Nobel Laureate, Lawrence Klein. He began teaching at the London School of Economics in 1965 and since his retirement in 2003 he is Emeritus Professor of Economics. His most recent books include Marx's Revenge: The Resurgence of Capitalism and Death of Statiat Socialism and Development and Nationhood: Essays on the Political Economy of South Asia. ISBN : 0571217737 Australian Price (inc. GST) : $49.95 Format : Hardcover Dimensions : 210 x 160 Number of Pages : 192 Australian Publication : June 2006 Publisher : Faber Imprint : Faber Trade Non Fiction Subject Category : Biography: general
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