Monthly Archives: November 2016

Why Mainstream Economists are Responsible for Electing Donald Trump

Posted on November 25, 2016 by Marc

Why Mainstream Economists are Responsible for Electing Donald Trump by David Ruccio, Nov 2016 http://evonomics.com/mainstream-economists-responsible-electing-donald-trump/ My argument is that, when mainstream economists in the United States embraced and celebrated neoliberalism—both the conservative and “left” versions—they created the conditions for Trump’s … Continue reading →

Posted in Neoliberalism, Political Theory | Leave a comment

The ABCs of Meaningless Economic Phrases

Posted on November 22, 2016 by Marc

The ABCs of Meaningless Economic Phrases by Rudolf Hickel and Heinz J. Bontrup http://portland.indymedia.org/en/2016/11/433826.shtml The most common myths start from the tax state that burdens the economy, the housework ordered by the state (save,save,save) to the Schwabian housewife prescribing the … Continue reading →

Posted in Neoliberalism, trickle-down economics | Leave a comment

Public Risks, Private Profits, and Prosperity

Posted on November 16, 2016 by Marc

Public Risks, Private Profits, and Prosperity by the Association for Plural Economics and Sven Hergovich http://portland.indymedia.org/en/2016/11/433779.shtml All personal and corporate achievements are based on state investments in roads, schools, hospitals, community centers, airwaves, food safety, and water quality. The Apples … Continue reading →

Posted in Political Theory, Reducing Inequality/ Redistribution, Roosevelt and New Deal | 1 Comment

Myth: The Public Service Sector is Inefficient and Much Too Expensive

Posted on November 7, 2016 by Marc

Sven Hergovich is an Austrian economist who urges rethinking prosperity and the relation of economics and ecology. to read his article “Myth: The Public Service Sector is Inefficient and Much Too Expensive” published in March 2014, click on https://www.indybay.org/newsitems/2016/11/07/18793168.php Privatizations … Continue reading →

Posted in Alternative Economics, Neoliberalism, Reducing Inequality/ Redistribution | Leave a comment

The Consequences of a Trump Shock by Simon Johnson

Posted on November 6, 2016 by Marc

Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author, with … Continue reading →

Posted in 2011 | Leave a comment

Keep Hope Alive, Not Gambling!

Posted on November 3, 2016 by Marc

Keep hope alive, not gambling! Shriveling the financial sector and expanding the public sector are incontestible lessons from the 2008 financial meltdown. The time is right for alternative economics, reducing working hours. person-oriented work, labor-intensive investment, environmental caring, community centers, … Continue reading →

Posted in Reducing Inequality/ Redistribution | Leave a comment