Episode 40: Three Heaping Scoops of Irony

Play Now!

Sometimes people say things that are, well, wrong. Other times, they believe things that are, as well, wrong. Here are three beliefs and the actions they precipitate that are, as the title to Episode 40: Three Heaping Scoops of Irony implies, just plain incorrect, and in the long run, perhaps very, very dangerous.

In this episode, I read from John Maynard Keynes' 1920 article The Economic Consequences of Peace, which proves a prescient look at the future Treaty of Versailles terms ending the Great War created. In my opinion, it is all to often ignored. I also read from an article from The Washington Post that describes an interview in Die Zeit, and Professor Mark Blyth's book, Austerity: The History of a Dangerous Idea.



I sample from two videos from the very entertaining Professor Blyth describing his work into hyperinflation and austerity and how they are viewed by various parties.

Musically, we hear Jahzzar doing "Planet Zero." Mistle Thrush's "It's All Like Today" closer closes the show. I "opened" with a new KMFDM intro featuring Mark Blyth.