Quote of the day
The Constitution was the expression not only of a political faith, but also of political fears. It was wrought both as the organ of the national interest and as the bulwark of certain individual and local rights.
Paul A. Baran
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Born: August 25, 1909
Died: March 26, 1964 (aged 54)
Bio: Paul Alexander Baran was an American economist known for his Marxist views. In 1951 Baran was promoted to full professor at Stanford University and Baran was the only tenured Marxian economist in the United States until his death in 1964.
Known for:
- Monopoly Capital
- The Political Economy of Growth (1957)
- The longer view
- Le Capitalisme monopoliste