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Recent Posts
- Mike Harrison is Dead.
- Vacation Time: Europe!
- Vacation Time: Europe!
- Sounding the Alarm
- The Big Lie: Reaganomics
- “Normalizing” Trump: The Great Escape (From Reality)
- The Great Correction
- Bad News on the Doorstep
- Trump’s Presidency and Our Economic Future: Part II – The Bitter Fruits of Misplaced Faith
- Trump’s Presidency and Our Economic Future: Part 1 – The Election’s Import
- The True and the Untrue: Reflections on WestWorld
- The Terrifying Truth About Politics
- The Terrifying Truth About Economics
- The Grizzly Political Cost of Bad Economics
- Economic Decline and the Failure of Politics in 2016
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Category Archives: – MOST RECENT POSTS –
Vacation Time: Europe!
1. STATEMENT OF INTENT OK, change of pace here. How about May and June in not-Trump land? (Well, the jury is still out on Fwonce. We’ll know more on May 7.) How about a brief, ground-level look at France, Italy, … Continue reading
Posted in - MOST RECENT POSTS -, Culture, Europe, Travel, Uncategorized
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The Big Lie: Reaganomics
Opposition to the Trump regime is surfacing rapidly. The most recent issue of Rolling Stone (February 25 – March 9, 2017) features an interview with John Oliver, discussing his plans for “Last Week Tonight” in this first year of Trump’s administration. … Continue reading
“Normalizing” Trump: The Great Escape (From Reality)
I write this post at the end of 2016. Today is New Year’s Eve, and I reflect on surviving my 72nd birthday and another Christmas. The holidays have been relatively nice, enjoyed with family and friends. There was a fresh … Continue reading
The Great Correction
Most Americans are at least apprehensive, and many of us are terrified, by the prospect of the upcoming Donald Trump presidency. These fears are justified. People who voted for him did so despite his lack of experience or leadership skills, … Continue reading
Bad News on the Doorstep
This line, from the song “American Pie” by Don McLean , instantly popped into my head when I sat down to read the morning papers on Monday, December 5, 2016. A Google search for “Bad News on the Doorstep” will … Continue reading
Trump’s Presidency and Our Economic Future: Part II – The Bitter Fruits of Misplaced Faith
On October 9, 2013, in a blog article entitled “Ignorance is Death,” I discussed the vast public ignorance about economics and the extreme danger inherent in GOP policies (here), I wrote: The fruits of ignorance are truly amazing. In … Continue reading
The Terrifying Truth About Politics
The preceding post began with a little-noticed quotation from Hillary Clinton’s acceptance speech at the Democratic convention: “I believe that our economy isn’t working the way it should because our democracy isn’t working the way it should.” We saw in … Continue reading
Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Budgets, Corporate Control of Media, Decline in America, Democracy, Economics, Federal Budget and Spending, Federal Debt, Government in Society, Media and Propaganda, Politics, Saving America, Taxation, Wealth and Income Inequality
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The Terrifying Truth About Economics
This post, and a follow-up post, are about the extremely dangerous economic and political predicament of the United States in 2016. With regard to our economic situation, the danger of another crash, and a complete collapse into another Great Depression … Continue reading
Phony Progressives? The Fraudulent Attack on the Sanders Economic Plan
In my last post I argued that Hillary Clinton, under the acknowledged influence of Paul Krugman, wrongly attacks the Sanders campaign on the ground that a hard line stand against inequality is bad “political strategy.” That’s Krugman the politician talking, … Continue reading
Establishment Economics: Learning from New Hampshire
Back in the Spring of 2012 I eagerly awaited the release of Paul Krugman’s latest book, “End This Depression NOW!” He was an avowed progressive, and as the New York Times economic columnist, he had the widest audience among current economists. … Continue reading
The (Future) State of the Union
Tonight (1/12/2016), Barack Obama delivered his final State of the Union address as President of the United States. It will go down as one of the great speeches in American history, I predict, because some years from now, when the … Continue reading
Economics and Ecology: The Handwriting on the Wall
Now and then a day comes along when several news stories combine to reveal a clear picture of the human condition, and of America’s future, and for me today (December 2, 2015) is a prime example of such a day: … Continue reading
The Dangerous Delusions of Mainstream Capitalism
The economics profession is in a state of confusion unparalleled in the history of the social sciences. The devastating stock market crash in 2008 had not been anticipated. In its aftermath, The Economist [1] opined: [T]there is a clear case for reinvention, … Continue reading
The Trickle-Down Nightmare
In my retirement, I have devoted myself to the investigation of income and wealth inequality, and in the process acquired a distributional perspective on how modern market economies actually work. When I began this project, I soon realized that it … Continue reading
Postscript: What We Must Do
Wisdom is a strange commodity. Most of the time we don’t recognize it when it infiltrates our addled brains, and it is always hard-won and a long time coming. Yesterday’s post “Krugman v. Stiglitz — Debt v. Taxation” deserves this postscript, for having … Continue reading
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