Category Archives: Economics

Rep. Keith Ellison: “Why Shouldn’t There Be a Maximum Wage?” read
Jonathan Chait, Trump Economist Wants to Give Rich People Another Tax Break, Without a Vote in Congress read
Josh Jones, The Diderot Effect: Enlightenment Philosopher Denis Diderot Explains the Psychology of Consumerism & Our Wasteful Spending read
Kate Wheeling, HUD Secretary Proposes Steep Rent Increases for Americans in Federally Subsidized Housing read
Laurence Peter, Finland’s basic income trial falls flat read
Patricia Cohen and Robert Gebeloff, Public Servants Are Losing Their Foothold in the Middle Class read
Ralph Nader, Chevron and Richmond CA read
Jake Johnson, Nation’s Richest — Including Trump — About to Enjoy $17 Billion Windfall Thanks to Huge Tax Loophole read
nytimes.com, Do Taxpayers Know They Are Handing Out Billions to Corporations? read
David Leonhardt, A Time for Big Economic Ideas read

John Ehrenreich, The Rise of Third Wave Capitalism read
Michael Palmieri, Steve Keen on Whether Mainstream Economics Can Save Us From Another Financial Crisis listen
Paul Craig Roberts, Dave Kranzler, Michael Hudson, Do Financial Markets Still Exist? read
Heidi Shierholz, Employers would pocket $5.8 billion of workers’ tips under Trump administration’s proposed ‘tip stealing’ rule read
Thom Hartmann: How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years read
Nomi Prins, The Secret Force Behind Today’s Rigged Markets read
Tim Rogan, Why Amartya Sen remains the century’s great critic of capitalism “Every major work on material inequality in the 21st century owes a debt to Sen. But his own writings treat material inequality as though the moral frameworks and social relationships that mediate economic exchanges matter.” read
Annelise Orleck, What this Historian Discovered by Traveling the World Will Dishearten Neo-Liberals (excerpts from :”We Are All Fast-Food Workers Now”” read
Sarah Anderson, A New Landmark in CEO-Worker Pay Ratio Disclosure read
Mark Karlin, Global Capitalism Is the New Colonialism for Workers, and They Are Resisting read
Josh Jones, How Much Money Do You Need to Be Happy? A New Study Gives Us Some Exact Figures (data and cartoons) read
Rebuilding America, Demanding ‘Fundamental Restructuring of the Economy,’ Progressives Embrace Bold New Agenda read

Chris Martenson, Believing The Impossibleread
t’s Time to Retire “Capitalism” read

Joseph Stiglitz Globalisation: time to look at historic mistakes to plot the future read
Noah Smith, How Middle-Class America Got Fleeced read
Marxism 101: How Capitalism is Killing Itself with Dr. Richard Wolff watch
Noam Chomsky Brilliant Speech vs Angry Socialists watch
Sarah Jaffe, Any Shame Around Poverty Lies With the Society That Perpetuates It, Not the Poor read
Preeti Varathan, asking all the wrong questions about inequality (Angus Deaton) read
Joseph Stiglitz, The Overselling of Globalization “The failures of globalization and the misguided backlash against it contain many lessons: about the importance of science and learning in society, the importance of the shared acceptance of facts, the dangerous consequences of deliberately misinforming the public, and the folly of ignoring the distributional consequences of economic forces just because they may lead to growth.” read
Juan Cole, Yes, America, there is a Class War, and you Just Lost It read
Anwar Shaikh, Foundations of Classical Keynesian Political Economy (1st of 5 lectures, 2h 8m) watch
Rebecca Solnit, Strandings, by Rebecca Solnit read
Richard D. Wolff, Economic Update: How People Change Economies read
Penn Loh, Capitalism Is Not the Only Choice read

Paul Craig Roberts, Plunder Capitalism “The neoliberal economists who are the shills for the rich, Wall Street, and the Banks-Too-Big-Too-Fail claim, erroneously, that by cutting the corporate income tax rate to 20% all sorts of offshored profits will be brought back to the US and lead to a booming economy and higher wages. This is absolute total nonsense.” read
Michael Hudson, America’s Monetary Imperialism “The past century’s global fracture between creditor and debtor economies has interrupted what seemed to be Europe’s democratic destiny to empower governments to override financial and other rentier interests. Instead, the West is following U.S. diplomatic leadership back into the age when these interests ruled governments. This conflict between creditors and democracy, between oligarchy and economic growth (and indeed, survival) will remain the defining issue of our epoch over the next generation, and probably for the remainder of the 21st century.” read
Jay Walljasper, A More Equitable Economy Exists Right Next Door (Quebec) read
Gus Bagakis,Homelessness: One of Capitalism’s Many Inevitable Products “So, how do we address the fate of homeless people in the US? In the short term, we must continue to find ways to get them shelter and support community-based organizations that are working to that end. In addition, as Engels stated, we must also look at homelessness from the larger political-economic context and see it as an inevitable outcome of capitalism.” read
David Sloan Wilson interviews Sigrun Aasland, How Norway Dispels the Private vs Public Sector Myth read
Robert Reich, Why making American corporations more competitive doesn’t help most Americans read
Phil Rockstroh, Capitalism’s Failure Of The Flesh: The Rise Of The Robots “In our misery and confusion, we have bloated our bodies, maimed and poisoned the earth, and scoured the hours of our lives of meaning by the compulsive commodification of all things. Therefore it should not come as a surprise when alienated, lonely men become enamoured of glambots.
“ read

Richard Thaler Columns That Explain How Human Behavior Affects Economics read
Ralph Nader on Richard Thaler read
Popular, theatlantic.com, Why Nerds and Nurses Are Taking Over the U.S. Economy read
Michael Jacobs and Mariana Mazzucato, Breaking with Capitalist Orthodoxy read
Jeffrey D. Sachs, Corporate Tax Cut Propaganda “While there is a case for a modest cut in the US corporate tax rate to harmonize the US tax rate with other countries, any such cut should be part of an international agreement to avoid a race to the bottom.” read
Alana Semuels, Could a Tax Fix the Gig Economy? read
David Harvey on Marx, Capital and the Madness of Economic Reason read
Sigrun Aasland int. by David Sloan Wilson: How Norway Dispels the Private vs Public Sector Myth read

Timur Kuran, What Kills Inequality “World War II devastated the economic infrastructures of Germany and Japan. It flattened their factories, reduced their rail yards to rubble, and eviscerated their harbors. But in the decades that followed, something puzzling happened: the economies of Germany and Japan grew faster than those of the United States, the United Kingdom, and France. Why did the vanquished outperform the victorious? “ read
Paul Craig Roberts, What We Learned From Charlottesville “In brief, we learned that the US is on a firm course of both internal and external conflict.” read
Michel Chossudovsky, BRICS and the Fiction of “De-Dollarization” read
Economic Policy Institute (new report) read
Josh Bivens, How today’s unions help working people: Giving workers the power to improve their jobs and unrig the economy read

Dan Kopf, Basically every problem in the US economy is because companies have too much power, new research argues read
Nick Srnicek, We need to nationalise Google, Facebook and Amazon. Here’s why read
Finian Cunningham,US Failure, Blame China “America’s chronic trade deficit with the rest of the world is testimony to a failed US economy. In reality, the US has no-one else to blame but itself for such an historic failure.” read
Fen Montaigne, On Thoreau’s 200th Birthday, a New Biography Pictures Him as a Man of Principle Rev. of HENRY DAVID THOREAU A Life By Laura Dassone, Walls ““Let your life,” he wrote, “be a counter-friction to stop the machine.” Witnessing the widespread destruction of nature as America’s industrial economy boomed, Thoreau lamented, “Trade curses everything it handles.”” read
Chris Hedges, Eugene Debs and the Kingdom of Evil “The socialist leader understood that working within the system is useless, that justice and economic equality will be achieved only by overthrowing the capitalist elites.” read
Garikai Chengu, History: How African Muslims “Civilized Spain” read
And the Spirit Moved Them: The Lost Radical History of America’s First Feminists read
Joseph Fronczak, Hobsbawm’s Long Century read
Howard Zinn’s July 4 Wisdom Stands the Test of Time (2006) read
Jon Gambrell, US quietly publishes once-expunged papers on 1953 Iran coup read
H W Brands, Dr. Franklin, I presume? The founder who could have been our “founding physician” read

Michael Hudson – Sharmini Peries, Orwellian Economics read
wallstreetonparade.com, If Trump Nominates John Allison as Bank Supervisor at the Fed, It Will Be a Triumph for Charles Koch and the Loony Ideas of Ayn Rand and Greenspan read
Peer Vries, The Culture of Capitalism read
Robert Reich reveals what Trump’s so-called ‘deal making’ is really about — and it’s terrifying read
Goldie Blumenstyk, What You Should Know About the Professor Who Has Trump’s Ear on the Economy read
G. John Ikenberry, A World of Struggle: How Power, Law, and Expertise Shape Global Political Economy read

Wisconsin Pays Nation’s Lowest Rate to Defend Poor. Lawyers Say it’s Time for a Raise read

Matthew Zeitlin, It’s Official: The Trump Administration Won’t Break Up Big Banks read

Mothers Are Paid Less Than Fathers in Every State and at Every Education Level read

Pam Martens and Russ Martens, Mnuchin Says Trump Administration Never Intended to Restore Glass-Steagall Act read

portside, Why Are Economists Giving Piketty the Cold Shoulder? read

A Crisis of Confidence in Government Can Harm U.S. Economic Growth read

Michael Snyder, Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have… read

Jason Smith, Hayek and Neoclassicals Meet Information Theory and Fail read

Jacob Sugarman, The Financial Crisis That Spawned Austerity, Corporatized the Democratic Party and Gave the World Donald Trump read

Juan González, Puerto Rico’s $123 Billion Bankruptcy Is the Cost of U.S. Colonialism read

Russ Martens and Pam Martens This Chart Proves Paul Krugman Is Dead Wrong on Wall Street Reform

Jayati Ghosh, Globalization and the End of the Labor Aristocracy, Part 3 (links to 1 and 2) read

Jennifer Calfas, The 6 Biggest Employers in the U.S. Right Now read

Richard D. Wolff, Economic Update: The Rising Costs of Capitalism’s Failures read

Edwin G. Dolan They Go Together: Freedom, Prosperity, and Big Government read

James K. Galbraith, Can Trump Deliver on Growth? read
Peter Elstrom and David Ramli, If the U.S. Won’t Pay Its Teachers, China Will read

Pal Krugman, Zombies of Voodoo Economics “In other words, supply-side economics is a classic example of a zombie doctrine: a view that should have been killed by the evidence long ago, but just keeps shambling along, eating politicians’ brains.” read

Michael Hudson: Review of Steve Keen’s “Can We Avoid Another Financial Crisis?” read

Steve Keen, The Economics of the Future read