The Trump administration must think that Orwell’s 1984 was meant as a handbook for governing. (Not that Trump himself would have ever read a book with that many pages and so many big words.) Christian Weller of Forbes highlights some of the administration’s hype and lies with regard to the economy.
Don’t Believe the Hype Read More »
CNN’s John Blake sees a silver lining in the dark cloud that is President Trump.
A Trump silver lining? Read More »
The New Yorker profiles Stephanie Kelton and MMT.
The New Yorker profiles Stephanie Kelton and MMT Read More »
… is to own one. Some bankers want to roll back measures, taken after the Great Financial Crisis, intended to prevent future bank failures in case of a major economic downturn. Not that any of those bankers are concerned – they won’t feel any pain when things crash. They want to put things back the
The best way to rob a bank … Read More »
Some top CEOs claim that there’s more to business than just enriching shareholders. While their words are just lovely, let’s see how soon they call for a cut in their own pay or start calling for higher taxes on the wealthy. Please don’t hold your breath.
The end of neoliberalism? Doubtful. Read More »
Robert Kuttner provides an excellent analysis of neoliberalism and the social destruction it has wrought over the last half century. I am distantly related to the Olin whose foundation is mentioned in the article, but I share few if any political and economic viewpoints with my cousin.
Neoliberalism: Political Success, Economic Failure Read More »
Joe Stiglitz calls BS on Trump’s imagined economic genius.
Stiglitz: Trump’s mismanagement of the economy is monumental Read More »
Dahlia Lithwick accurately sizes up Donald Trump.
Making America Small Again Read More »
This is depressing. Jeffrey Sachs points out some bleak facts about the state of democracy in the U.S. and the U.K., among them: Trump received the support of just 27% of eligible voters. [He] controls a party that represents less than one-third of the electorate, and governs mostly by decree.
Becoming an autocracy Read More »
The media dutifully reports Trump’s claims as if they actually mean something. Pathetic.
When it comes to deciding whether to impeach Trump, Elizabeth Drew nails it.
Democrats, grow some spine! Read More »
“The American creed has no more devoted adherents than those who have been historically denied its promises, and no more fair-weather friends than those who have taken them for granted.” https://www.theatlantic.com/ideas/archive/2019/06/ahmari-french-orban/591697/
Some on the right simply hate democracy Read More »
Forbes has an article about the new retirement “reform” bill passed by the house. The bill will do more harm than good, unless you’re talking about the insurance industry.
The Atlantic writes about the only coup d’état in American history. I suspect this story is not exactly what many of my North Carolinian friends learned in school.
Coup D’État in North Carolina (1898) Read More »
Some people are simply too stupid to learn from history. Many of them live in Alabama.
The GOP wants to emulate a communist dictator Read More »
I find little to argue with in this Simon Wren-Lewis article about the threat of fascism growing around the world. The last time the world faced a major threat from fascism, there were several strong liberal democracies to fight back and win. Today, many of those democracies are themselves flirting with fascism in one form or another.
James K. Galbraith reviews three books on the future of capitalism.
On the future of capitalism Read More »
In Saving Capitalism, author Robert Reich explores the myth of the “free market” and shows how it has been shaped by the wealthy and powerful to benefit themselves and increase income and wealth inequality. What we think of as the “market” is defined by the many rules governing property rights, corporations, bankruptcy, patents and trademarks,
Saving Capitalism: For the Many, Not the Few Read More »