- Break away from conventional trickle-down economics.
A future-friendly economics is necessary, and possible.Poverty is man-made, and not inevitable.
Produced by a myopic worldview, there is an alternative.
Monthly Archives: November 2016
Why Mainstream Economists are Responsible for Electing Donald Trump
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
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The ABCs of Meaningless Economic Phrases
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
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Public Risks, Private Profits, and Prosperity
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
Myth: The Public Service Sector is Inefficient and Much Too Expensive
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
The Consequences of a Trump Shock by Simon Johnson
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
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Keep Hope Alive, Not Gambling!
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