William Black

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Why Progressive Austerians do the Greatest Damage

To many people, it seems paradoxical that conservatives target not the worst social programs, but the best.  There is no paradox.  Bad government programs are desirable from the right’s perspective – they discredit government intervention.  Good … Continue reading

Why Progressive Austerians do the Greatest Damage

JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives – William Black

JPMorgan’s flacks and apologists have, unintentionally, exposed the fact that their cover story – hedging gone bad – is false.  JPMorgan runs the world’s largest gambling operation in financial derivatives.  The New York Times reported the … Continue reading

JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives

The Dutch Left’s Embrace of the Austerity Suicide Pact: It’s Necessary for the Children!

The Dutch Left’s Embrace of the Austerity Suicide Pact: It’s Necessary for the Children!

By William K. Black A remarkable, and terrible, thing has just taken place in the Netherlands of which few Americans are aware.  The ruling Dutch political coalition collapsed when the ultra-right wing party (the Freedom Party, led by Geert Wilders) … Continue reading

The Dutch Left’s Embrace of the Austerity Suicide Pact: It’s Necessary for the Children!

Romney’s Lead Economist Urges Policies that will Cause the Next Financial Crisis

Romney’s Lead Economist Urges Policies that will Cause the Next Financial Crisis

By William K. Black (Cross-posted from Benzinga.com) Presidential nominees of either U.S. party can secure economic advice from any economist in the world.  This makes it all the more amazing and sad that they choose economists with track records of … Continue reading

Romney’s Lead Economist Urges Policies that will Cause the Next Financial Crisis

The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science

The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science

By William K. Black The Wall Street Journal published a self-revealing news article on Tennessee’s recently adopted law (modeled on a template created by the Discovery Institute – a Christian group whose ultimate goal is preventing the teaching of the … Continue reading

The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science