What’s Different About Today’s Government Deficit and Debt?
As of today, the U.S. government’s current deficit and debt are indeed currently at unprecedented levels for peacetime—once we account for them appropriately.
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The Keynesian Stimulus Spending Fallacy
It’s a truism of pop Keynesian economics that consumer spending drives the economy; if spending slows in a recession,
Public-Private Partnerships (P3); misc.
(1) This post's image: Some elegant and amusing culture-jamming on an iPod ad on a NYC bus shelter,
Nov/Dec Editorial Note, Adidas and Sweatshops, Co-opoly, etc.
(1) Nov/Dec Issue:We're still trying to get back on schedule with the magazine; we didn'
Capturing the Multinational Dragons’ Gold
As medieval dragons do, the dragon in the Beowulf epic sleeps on a pile of gold. With magic sword and
Marvin Miller and the Reserve Clause
Marvin Miller died on November 27, at the age of 95. While Miller worked for several major unions, and rose
Pity the Poor Child Molester
Imagine that you woke up one day and found, not that you had turned into a giant cockroach, but that
Fiscal Cliff and Grand Bargain (aka Grand Betrayal)
(1) "Don't Drive Off the Fiscal Cliff": I just posted Heidi Garrett-Peltier's comment from
Jobs, Jobs, Jobs
A couple of weeks ago, the New York Times published an editorial arguing--contrary to the myth being promulgated by then-candidate
Prisoner Disenfranchisement and the Election
From our friends at the Prison Policy Initiative, this great infographic about how felony disenfranchisement could affect the presidential election.
"Free-Market" Outcomes Are Not Fair--and Not Free
"Since 1980, the U.S. government has reduced its intervention in the U.S. economy, which has become much
Dear Dr. Dollar: Structural Adjustment, Here and There
What are the similarities and differences between structural adjustment in the rest of the world/Third World and structural adjustment in the United States? --Vicki Legion, San Francisco, Calif.
Highway Robbery
In 1995, California granted a private company the right to construct express toll lanes along the State Route 91 freeway