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Opinion | Actually, the Electoral College Was a Pro-Slavery Ploy – The New York Times

By Underground | April 7, 2019

That fact alone doesn’t mean it ought to be scrapped. But we should be clear about its disreputable origins. The same with the Filibuster.. it did NOT come about as a way … Continue reading Opinion | Actually, the Electoral College Was a Pro-Slavery Ploy – The New York Times

Could a Green New Deal Make Us Happier People?

By Underground | April 7, 2019

Too many of us work too much. It’s not just making us miserable, it’s wrecking the planet. Rather than causing us to forgo things to cut carbon emissions, a Green New Deal … Continue reading Could a Green New Deal Make Us Happier People?

Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ

By Underground | March 30, 2019

As Democrats present ambitious policy proposals, they are frequently asked how they will be paid for. The answer, increasingly, comes from Stephanie Kelton, the public face of modern monetary theory. Another mainstream media outlet talking about MMT. Source: Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ Continue reading Can the U.S. Afford Democrats’ Bold Promises? Why One Economist Says Yes – WSJ

Modern Monetary Theory – MMT: Here’s a plain-English guide to what it is and why it’s interesting | Business Insider

By Underground | March 30, 2019

Maybe we can just spend our way out of a crisis. Actually we can. Source: Modern Monetary Theory explained — why Alexandria Ocasio-Cortez is a fan – Business Insider Continue reading Modern Monetary Theory – MMT: Here’s a plain-English guide to what it is and why it’s interesting | Business Insider

The way politicians talk about economics is wrong – and dangerous

By Underground | March 29, 2019

Good job describing Modern Monetary Theory, which, itself, describes how money works and where it comes from. Source: (174) The way politicians talk about economics is wrong – and dangerous – YouTube Continue reading The way politicians talk about economics is wrong – and dangerous

JPMorgan exec gives dire climate change warning

By Underground | March 20, 2019

A new report from the bank calls for people to act fast. J.P. Morgan chairman of market investment and strategy Michael Cembalest has a dire message for his clients: Climate change is … Continue reading JPMorgan exec gives dire climate change warning

Don’t Blame Robots for Low Wages – The New York Times

By Underground | March 14, 2019

Progressives shouldn’t fall for facile technology fatalism. This is true, robots are not the reason wages have gone nowhere over the last 4 decades, it’s because workers have lost bargaining power (unions) … Continue reading Don’t Blame Robots for Low Wages – The New York Times

High school student and Climate Change activist Greta Thunberg nominated for Nobel peace prize

By Underground | March 14, 2019

Climate strike founder put up for award ahead of global strikes planned in more than 105 countries Noble peace prize makes sense because if countries start putting their resources towards addressing climate … Continue reading High school student and Climate Change activist Greta Thunberg nominated for Nobel peace prize

#BreakUpBigTech: Elizabeth Warren says Facebook just proved her point

By Underground | March 11, 2019

The platform briefly blocked some of Warren’s ads attacking it. Her response: ‘Curious why I think FB has too much power?’ Whoops, bad timing FaceBook. Source: #BreakUpBigTech: Elizabeth Warren says Facebook just … Continue reading #BreakUpBigTech: Elizabeth Warren says Facebook just proved her point

U.S. Has Spent Six Trillion Dollars on Wars That Killed Half a Million People Since 9/11, Report Says | Newsweek

By Underground | March 9, 2019

The report found that “high costs in war and war-related spending pose a national security concern because they are unsustainable. That’s not the issue.. the issue is that we always seem to … Continue reading U.S. Has Spent Six Trillion Dollars on Wars That Killed Half a Million People Since 9/11, Report Says | Newsweek

MMT: Sense Or Nonsense?

By Underground | March 6, 2019

MMT is no longer limited to books and journals. It’s being used to support policy proposals and is both lauded and attacked in the popular press. The latter has accelerated of late, … Continue reading MMT: Sense Or Nonsense?

Big Pharma Gives Big Money to the Senators Who Will Question Drug Company CEOs Today

By Underground | February 26, 2019

Americans pay the highest drug prices in the world for absolutely no good reason. The drug companies will tell you that it’s because American consumers are financing “innovation,” but the real reason … Continue reading Big Pharma Gives Big Money to the Senators Who Will Question Drug Company CEOs Today