I couldn't resist posting a copy of page7 from the April 1938 issue of the Labor Information Bulletin (Volume V, Number 4):
"The commonwealth was not yet lost in Tiberius's days, but it was already doomed and Rome knew it. The fundamental trouble could not be cured. In Italy, labor could not support life..." - Vladimir Simkhovitch, "Rome's Fall Reconsidered"
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio...
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JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand.&quo...
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