Monthly Archives: November 2013

The Neoclassical Boondoggle and the “Mutilated Economy” — Part 3

Prologue I have been arguing for nearly three years that income and wealth redistribution is the driving force behind economic stagnation and social decline, and the substantial evidence supporting that argument is becoming increasingly convincing, if not overwhelming. It has therefore … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Economics, Wealth and Income Inequality | Leave a comment

The Neoclassical Boondoggle and the “Mutilated Economy” — Part 2

Prologue One week after Paul Krugman announced that “terrifying signs” of our “mutilated economy” were revealed in a report by Federal Reserve economists at last week’s IMF conference on financial crises, he was back on safer ground — Europe. In … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Economics, Wealth and Income Inequality | Leave a comment

The Neoclassical Boondoggle and the “Mutilated Economy” — Part 1

Prologue The hallmarks of so-called “neoclassical” economics are: (1) a faith that, no matter what hits the economy takes, it will always grow itself back to full employment, at least eventually; (2) changes in the distribution of wealth and income … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Decline in America, Economics, Wealth and Income Inequality