The new normal is what I call Bailout capitalism because Be… - John Komlos

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The new normal is what I call Bailout capitalism because Ben Bernanke put a lot of money [creation of $trillions by the Federal Reserve] into the financial sector.

John Komlos

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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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Ha-Joon Chang Joseph E. Stiglitz Kate Raworth Paul Krugman Friedrich Hayek

Additional quotes by John Komlos

[A] more unequal distribution in income will have a negative effect on the mean height of a population.

Capitalism with a human face would require the elimination of poverty... the reduction of inequality... the establishment of real true... ... a less stressful life. ...Economists disregard stress.

Greenspan and Benjamin Bernanke... ignored the evidence because they were blinded by their ideology and the infallibility of the markets. They were prisoners of their own ideology.

The new normal is what I call Bailout capitalism because Ben Bernanke put a lot of money [creation of $trillions by the Federal Reserve] into the fin… - John Komlos

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