Short Quiz - The Shock Doctrine

[johnkarls]

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Short Quiz

1. Is Naomi Klein, the author of our former NY Times Bestseller (“The Shock Doctrine: The Rise of Disaster Capitalism”) an economist?

2. Is Joseph Stiglitz (the author of the NY Times book review of “The Shock Doctrine”) an economist?

3. What did Arianna Huffington (Huffington Post) and Seymour Hersh (former NY Times investigative reporter who won a Pulitzer Prize for exposing the Vietnam My Lai Massacre, prolific book author, and since 1993, a regular writer for the New Yorker in which he exposed the Abu Graib scandal) say about “The Shock Doctrine”?

4. What did John le Carré and Arundhati Roy say about it?

5. What “school” of economists does our author, Naomi Klein, target for her criticism?

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Editorial Note Re Questions 6-8: The U/Chicago “school” of economic thought is, among other things, famed for championing “monetary policy” (vs. “fiscal policy” aka Keynesian economics) – but Questions 6-8 are directed at another famous economic theory of the “Chicago school.”
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6. What is the greatest strength of the so-called U/Chicago “school” of economic thought pioneered by Nobel laureate, Milton Friedman? (A “red herring” to throw you off the scent = Friedman is probably most famous for coining the phrase “there is no free lunch.”)

7. What is the greatest weakness of the so-called U/Chicago “school” of economic thought?

8. Does this contrast make much difference for a primarily-agrarian society? For a third-world country rich in natural resources? For an economically-developed country like the United States?

9. What does Naomi mean by “shock” in her title and what are the two reasons why she is so critical of Milton Friedman and the “Chicago school”?

10. Does Naomi Klein believe in a giant conspiracy behind “Disaster Capitalism”?