New preface to Charles Kindleberger, The World in Depression 1929-1939 J. Bradford DeLong Barry Eichengreen 12 June 2012 Charles Kindleberger’s classic book on the Great Depression…
Reposted from The Truth About JP Morgan’s $2 Billion Loss – Washington’s Blog, with our thanks. On-site permission posted. Must-Read Background Before we can understand what’s…
Taxes and Employment By BRUCE BARTLETT Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs…
Charting gasoline prices against income and GDP provides some interesting results.
Since rapidly rising gasoline prices are in the news, let’s look at some charts of gasoline and the economy, courtesy of frequent contributor B.C. These depi…
Boom For Whom
While I’m talking about inequality and the crisis, I realized recently that there’s another channel not usually talked about, via the misperception of success.
Let me start with a puzzle: why did faith in the wonders of financial de…
David Apgar: Could Germany Be Right about the Euro?
. . . The purpose of the euro is to facilitate trade and commerce – not facilitate government borrowing.
This, then, is the impasse euro zone bond investors have reached. To avoid losses, they …
‘both’ since development of democratic leadership council [dlc] and its acceptance of neoliberalism during the 1980s – somewhat similar to a partnering during the 1920s [raskob and mellon].
http://en.wikipedia.org/wiki/Right-wing_populism
The Consumer Sentiment Survey of Americans, created by George Katona at the University of Michigan in the early 1950s and known today as the Thomson-Reuters University of Michigan Surveys of Consumers, has included a remarkable question about the reas…
Some of this is too close for comfort, however –
If your guilt is too great, I will make the supreme sacrifice and accept some of your excess wealth, for purification of course.
“Heads and Tails” Money As a Poison Center by Lloyd deMause…
The American Empire excels at ad hoc projects and abandoning the pawns after the game ends.
Although the public thinks prison is all about punishing wrong-doers, a prison is simply a factory for producing criminals. After the typical “war on dru…
