Tag Archives: Roosevelt New Deal

Saving Capitalism—Part II

Popular Economics Weekly Nobel laureate Joseph Stiglitz’s plea to save capitalism is important for a number of reasons; foremost is the survival of liberal democracy itself. Modern liberal democracies that we have known since WWII cannot survive if we cannot … Continue reading

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Why Did Brexit Happen?

Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading

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Is Bernie’s Economic Platform Impossible?

Financial FAQs It looks like Hillary Clinton’s nomination as the Democratic candidate is assured, but are Bernie Sander’s economic proposals impossible to achieve, as many mainstream economists maintain? Bernie wants to be able to introduce them into their platform at … Continue reading

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Germany’s Failed Austerity Policies

Financial FAQs One would think by now the debate has been resolved on which economic model created the better recovery for this Great Recession or Lessor Depression, as P Krugman has called it. But no, Germany’s Finance Minister Wolfgang Schauble … Continue reading

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Where is the Inflation?

Financial FAQs Stocks and bonds are rallying, as it looks like inflation is still falling, rather than rising. This is good news for investors, but prices aren’t rising enough to boost economic growth yet. Boosting inflation seems to be the … Continue reading

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Ben Bernanke and the Fragile Recovery

Financial FAQs We know how fragile is the U.S. economic recovery just from the past 48 hours, because both U.S. and Japanese stock prices plummeted, and interest rates jumped on a seemingly offhand remark made by Fed Chairman Bernanke in … Continue reading

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Can the Fed Rescue Real Estate?

The Mortgage Corner How can we thank Fed Chairman Ben Bernanke for keeping our economy afloat? Not only has the Fed kept interest rates low enough to prevent actual deflation, as happened to Japan over the past 20 years and … Continue reading

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