John Komlos

"He thinks a kinder and more just capitalism is possible, one that empowers people and enables them to live with less fear and uncertainty. He claims that this encompasses zero unemployment, zero inflation, zero trade deficits and zero government debt. It is a strong claim... Unfortunately, Komlos does not structure his book accordingly, but is rather too caught up with extensively criticizing the mainstream. I suspect he is pushing at open doors... There is no extensive elaboration of how this better system of the four zeros could be achieved and maintained. ...[T]here is no attempt there to make and prove the claims that trade deficits are best eliminated. ...[I]t is very much to be hoped that he will undertake to show, in a focused way, that the alternative, kinder economics is indeed possible. I suspect that he will have to water down some of his claims, but I can be convinced otherwise."