It is Wednesday so some snippets and some music – sad music this week because it signals the death of one of the great pioneers of Jamaican music last week. I am holding a Mini-Music Festival today – right here on my blog. Join in an celebrate a legend. But a few economics matters first […]
How would Job Guarantee wages be set? Read More »
We have a big problem with the way the media reports on the national debt. It’s unclear if they don’t understand how federal debt works, if they intentionally write about it in the scariest way possible, or some combination of the two. Let’s start with a passage recently published by NPR: “The pandemic is taking
The Problem With How We Talk About the US Debt Read More »
Taxation does not need to be the bitter salve taken with every spoonful of sugar—it is and always has been a way to provide for the general welfare.
American cities represent part of the nation’s long and grim history of discrimination and oppression against Black people. They can also be part of the recovery from all that harm.
Community land trusts could help heal segregated cities Read More »
The article below discusses the issues that black women face that affect their cognitive abilities. Based on the studies cited in the article, conclusions could be drawn that racism actually causes dementia and other cognitive declines. Those that reported the most racism had the most cognitive declines. For African-American women, experiencing racism can contribute
Racism linked to cognitive decline in African American women Read More »
Robert C. Hockett and Saule T. Omarova propose in the white paper listed below that the United States government create a ‘National Investment Authority’ as an intermediate agency between the Federal Reserve and the United States Treasury. Its function would be to mobilize capital from both the public and private sectors to benefit the general
White Paper: A National Investment Authority Read More »
“Lawfare” is a word few Americans understand, but people in many other countries have bitter experience with the pathology. The word means waging war on democracy by perverting the law into a weapon to against your political opponents.
Trump and Barr Unleash a “Lawfare” Assault on Democracy Read More »
Steve Keen, UCL While climate scientists warn that climate change could be catastrophic, economists such as 2018 Nobel prize winner William Nordhaus assert that it will be nowhere near as damaging. In a 2018 paper published after he was awarded the prize, Nordhaus claimed that 3°C of warming would reduce global GDP by just 2.1%,
Nobel prize-winning economics of climate change is misleading and dangerous – here’s why Read More »
The African Economic and Monetary Sovereignty initiative began almost three years ago in preparation for the first conference on The Quest for Economic and Monetary Sovereignty in 21st Century Africa, which was held in Tunis (November 6-9, 2019). An edited volume from the conference will be published by Pluto Press (2021), and a second edition of the conference will take