Creative ways to fund the government without taxes. So aggravating.. Sell off government assets? Privatize the Pentagon? Sell off land? Charge people fees to access public parks? Sell off the gold in … Continue reading Mining for dollars
The size of the audience was a demonstration of the concern that Finnish people have for the future of their nation given that the conservative government is signalling it wants to impose … Continue reading University of Helsinki lecture | Euro Crisis
One of the shibboleths of our age is that government is always and only inefficient and ineffective as compared to the private sector or “markets”. This has been a view that has … Continue reading Why Shouldn’t the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 2 of 2)
The US Climate Platform outlines why and how the US federal government should invest somewhere in the area of $4 trillion to $6 trillion per year on stabilizing the global climate, in … Continue reading Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? Part 1
Without the help of the authors, only a third of the results could be independently replicated by the researchers. Even with their help, only about half could. Just goes to show you … Continue reading Federal Reserve paper on the replicability of economic studies
The most pernicious effect of the status of economics in public life has been the hegemony of technocratic thinking. Political questions about how to run society have come to be framed as … Continue reading Don’t let the Nobel prize fool you. Economics is not a science
#NothingCanBeDone Ben Bernanke, former head of the Federal Reserve, recently complained about Congress. Too bad he didn’t say anything WHEN he was the Chairman of the Fed! “They blamed the crisis on the Fed and on Fannie (Mae) and Freddie (Mac), with little regard for the manifest failings of the private sector, … Continue reading Defeatists Policies – by Ben Bernanke
Without the help of the authors, only a third of the results could be independently replicated by the researchers. Even with their help, only 49% could. This shows you how today’s “economists” … Continue reading Two Fed economists tried to replicate some top economic studies — and the results are dreadful
This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from the eurozone. These countries face a common problem: how to resist the economic devastation that the European Central Bank (ECB), European Council and IMF “troika” has … Continue reading Whitewashing the IMF’s Destructive Role in Greece
Charlie Brooker’s Weekly Wipe: Every TV news report on the economy in one, courtesy of generic reporter Emily Surname Continue reading Every TV news report on the economy in one
Nice tweet by Stephanie Kelton, the Chief Economist, U.S. Senate Budget Committee, and a quick reminder for you all. If the Government balances its budget, you can say goodbye to the private sector’s … Continue reading If Gov’t Balances its Budget…
In a healthy economy, there is a symbiotic relationship between companies and people. People want to buy product, and companies make the product that the people want to buy. The companies hire … Continue reading Michael Hudson on China and our Financial Economy
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