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German model is ruinous for Germany, and deadly for Europe

By Charles | May 12, 2017

France may look like the sick man of Europe, but Germany’s woes run deeper, rooted in mercantilist dogma The obsession with balanced budgets and suppressed wages has destroyed the rest of Europe, … Continue reading German model is ruinous for Germany, and deadly for Europe

Under Reported

It’s Time Everyone Change Their Stories About the Deficit

By Charles | May 12, 2017

Popular political rhetoric says the national debt will overburden future generations. But the fixation on a big deficit drove up Obamacare costs for consumers and fostered unnecessary austerity measures that don’t evenly … Continue reading It’s Time Everyone Change Their Stories About the Deficit

Media Fail

‘Why Should We Worry About the National Debt?’

By Charles | May 9, 2017

Our Washington correspondent gives two reasons: No. 1, borrowing can be a costly way to raise money and 2, the U.S. must constantly repay its debts. Almost everything about this article is … Continue reading ‘Why Should We Worry About the National Debt?’

What Would It Look Like to Build a Politics That’s Open to People But Closed to Big Money?

By Charles | May 8, 2017

When it comes to Brexit, Labour is caught between a rock and a hard place. With both the party and its electoral base divided, and passions running high on both sides, it … Continue reading What Would It Look Like to Build a Politics That’s Open to People But Closed to Big Money?

How to Be a Whistleblower

By Charles | May 8, 2017

Whistleblowing is in the news this week: Former Acting Attorney General Sally Yates is preparing to testify in front of a Senate panel on May 8th, and CNN reports that she will … Continue reading How to Be a Whistleblower

The Rock-Star Appeal of Modern Monetary Theory | The Nation

By Charles | May 8, 2017

MMT is less prescriptive: It describes the way that money works in a way that an 8-year-old can grasp more readily than a PhD, which in itself is unnerving. “The contribution of … Continue reading The Rock-Star Appeal of Modern Monetary Theory | The Nation

So much for independent journalism

By Charles | May 6, 2017

Looks like everyone got the same memo.So much for "independent journalism". Really makes you think… pic.twitter.com/ySdzDLMbHh — Levi Smith (@LeviSmithUSA) May 5, 2017 Source: Levi Smith on Twitter Continue reading So much for independent journalism

The economy keeps improving. Why aren’t wages?

By Charles | May 5, 2017

Weak wage growth continues to hurt workers—and poses a threat to Trump’s presidency. The reason why wages have not grown while corporate profits are through the roof is due to the simple … Continue reading The economy keeps improving. Why aren’t wages?

How the government can force WhatsApp to break its encryption

By Charles | May 5, 2017

The true extent of the government’s intrusion into your data. This is bad. The UK Gov’t just passed a law called the Snooper’s Charter that will allow it to force companies to … Continue reading How the government can force WhatsApp to break its encryption

Congress Votes! – Week of 05/01/17

By Elin | May 1, 2017

House of Representatives Monday H.R. 657: “Following the Rules Act” “Extends the prohibition against a person taking, failing to take, or threatening to take or fail to take a personnel action against any employee or applicant for employment for refusing to obey an order that would require the individual to violate a law … Continue reading Congress Votes! – Week of 05/01/17

Minimum wage would be at $21.36 had it kept up with productivity

By Charles | May 1, 2017

The minimum wage grew with productivity for 20 year until the mid 70s. Had it kept up, it would be at $21.36 today, so a $15 target by 2024 is still rather … Continue reading Minimum wage would be at $21.36 had it kept up with productivity

Gerrymandering Has a Solution After All—It’s Called Math

By Charles | April 29, 2017

All that packing and cracking comes up lacking once you apply a little efficiency gapping. We all know gerrymandering just feels wrong, dividing up the land to make sure politicians don’t get … Continue reading Gerrymandering Has a Solution After All—It’s Called Math