Tag Archives: Paul Krugman
David Stockman’s Crony Capitalism
Popular Economics Weekly Paul Krugman is being too gentle with David Stockman, whose recent New York Times ‘rant’ glorifies the gold standard and denigrates government for standing in the way of putting “free markets and genuine wealth creation back into … Continue reading
The Decline of the West
Popular Economics Weekly Berkeley Prof Brad Delong has posted a very sobering essay on his website. Because the deficit hawks and austerity advocates now hold sway in both Europe and North America, we could be in for a very prolonged … Continue reading
Ryan’s 19th Century Budget Plan
Financial FAQs Republican Paul Ryan’s 2011 budget plan is being trotted out by House Republicans once again. In spite of the sequester cuts and a declining budget deficit, Ryan wants to create even more economic austerity. Representative Ryan and House … Continue reading
Unemployment—Why Still So High?
Popular Economics Weekly What will bring US back to full employment is a very big question among economists. The problem is that the 155,000 per month nonfarm payroll average in 2012 isn’t enough to either absorb new entrants, or those … Continue reading
Gun Violence Has Too Many Causes
Popular Economics Weekly The tragic Newtown, Connecticut elementary school mass shooting is just the latest in a string of mass shootings that have contributed to more than 1 million dead by guns over the past decade in the U.S.—an average … Continue reading
Next 4 Years—Back to the Future
Financial FAQs President Obama’s victory means it’s Back to the Future for economic as well as social policies. It means he now has the mandate to implement what the electorate chose him for—a functioning government to not only fix disasters … Continue reading
Romney-Ryan Austerity Leaves Out 47 Percent
Popular Economics Weekly It should be obvious by now that the Romney-Ryan program of fiscal austerity—cutting government spending, while cutting taxes in the hope businesses and their investors will invest more of their wealth—can’t work. Latest evidence is the just … Continue reading
Gun Violence Has Too Many Causes
Popular Economics Weekly The shooting in Aurora’s Central Theatres is not something “impossible to understand” as was said by Denver’s Mayor just after the massacre, if we look at the culture of violence that has made U.S. the most violent … Continue reading
Some Institutions Are Too Big To Succeed
Financial FAQs The conversation may change with JP Morgan Chase’s latest $2 plus billion faux pas. Instead of being too big to fail, we may find that the Wall Street behemoths in particular have become too big to succeed. That … Continue reading
We Can’t Stall the Recovery!
Financial FAQs It is really disgusting that there isn’t the political will to grow more jobs, both here and in Europe. And creating more jobs is the key to bringing us out of the deep hole of the Great Recession, … Continue reading
