Tag Archive for Economic Perspectives

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

Today Germany is the Big Loser, Not Greece

Today Germany is the Big Loser, Not Greece

By Marshall Auerback Given the German electorate’s long standing aversion to “fiscal profligacy” and soft currency economics (said to lead inexorably to Weimar style hyperinflation), one wonders why on earth Germany actually acceded to a “big and broad” European Monetary … Continue reading

Today Germany is the Big Loser, Not Greece

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!

No, Mr. Krugman, Bernanke’s Conundrum is Completely Different

No, Mr. Krugman, Bernanke’s Conundrum is Completely Different

By Pavlina R. Tcherneva Our mainstream colleagues keep banging their heads against the wall. “Why, oh why wouldn’t Chairman Bernanke do more to rescue the economy?” Today Paul Krugman took on this question again, arguing that Chairman Bernanke should listen … Continue reading

No, Mr. Krugman, Bernanke’s Conundrum is Completely Different