Jim Stanford Quotes
The problem is not scarcity; the problem is power.
Stanford, Jim. Economics for Everyone: A Short Guide to the Economics of Capitalism. Pluto Press, 2008.
Explanation for his assassination of President William McKinley:
Opposing the concept of a national or central bank:
Nelson was referring to the past. The industrial revolution created other forms of wealth and power as a huge factory could be built on a small piece of land. In farming, the yield is proportional to the acreage tilled. Not so in manufacturing. With the knowledge era, intellectual property could produce much wealth and power, and factory size and land ownership was not necessary.
Salisbury was a brilliant, effective prime minister, but he was a snob and not a democrat. See {639131}.
Jim Stanford is a Canadian economist and founder of the Progressive Economics Forum. He holds a master's degree in economics from Cambridge University and a doctorate from the New School for Social Research. He is author of a column for the Canadian newspaper The Globe and Mail. In 2016 Stanford relocated to Australia, where he is the founding director of the Centre for the Future of Work, a left wing research organisation funded by the public policy think tank, The Australia Institute. He is also a regular contributor on economics to Huffington Post Australia.