With debt ceiling lifted, will America move to non-fiction on economic issues?
from Mark Weisbrot The rest of the world must have been fascinated at the spectacle of the U.S. government shutdown and threatened default on our public debt. Here is a country that not only has no...
View ArticleHandbag economics: The ideology of austerity
from Mary Mellor Handbag economics is the common sense of our age. Public sectors are like households, they must live within their means, balance their books, cut their coat according to their cloth....
View ArticleEconomic and social policy and the problems of the Eurozone and European...
Mark Weisbrot The latest (February) issue of Harpers’ Magazine has an interesting discussion of Europe and the eurozone, “How Germany Reconquered Europe: the Euro and its Discontents.” Some of the big...
View ArticlePlutonomy and its 12-point manifesto
from Edward Fullbrook This appeared on my screen last night. The Plutonomist Manifesto Because democracy is our worst enemy, we must work to convert every...
View ArticleClockwork Justice?
from Peter Radford One of the central beliefs held by people who advocate a market based worldview is that, somehow, markets are apolitical, they are antiseptic, they are objective. This is nonsense....
View ArticlePolitical economy of Ebola
from David Ruccio Back in August, James Surowiecki observed that the lack of an Ebola treatment was disturbing but predictable. When pharmaceutical companies are deciding where to direct their R. &...
View ArticleMcCloskey disses democracy
from Peter Radford Actually it’s McCloskey dissing what she calls leftish economists generally, although poor Piketty and his notorious book provides the moment she seizes to attack us misguided folk....
View ArticleMaintaining the supremacy of the financial oligarchy
Let’s assume that there is a financial oligarchy which exerts strong political influence due to the vast amounts of money it controls. Let’s further assume that this financial oligarchy has succeeded...
View Article‘Sound finance’ — a sign of obstinate ignorance
from Lars Syll To many conservative and neoliberal politicians and economists there seems to be a spectre haunting the United States and Europe today — Keynesian ideas on governments pursuing policies...
View ArticleThe functions of the lobbying industries
Before the industrial era, was the agrarian era, when the chief type of property whose inheritances determined the aristocracy consisted of land. With the onset of industrialization, after around...
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