Monthly Archives: August 2015

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

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Economics, Federal Budget and Spending, Federal Debt, Politics, Taxation | Leave a comment

Krugman v. Stiglitz — Debt v. Taxation

I have noted before that two of America’s best-known economists, Paul Krugman and Joseph Stiglitz, both Nobel Prize winners, are in extreme disagreement on the causes and implications of and remedies for, America’s inequality crisis. Both are politically progressive, but … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Econ 101, Economics, Federal Budget and Spending, Federal Debt, Taxation, Wealth and Income Inequality | Leave a comment

It’s MUCH Worse Than It Looks

In my last post, “Follow the Money,” I argued that the absurd theater of the Fox News-sponsored Republican presidential “debate” of last Thursday really can be traced to the stark reality of American economics. Economist Paul Krugman, in one of … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Economics, Politics | Leave a comment

Follow the Money

I did not watch any of the Republican presidential debate on Thursday night. As luck would have it, I had dental surgery in the morning, and the pain was peaking. The Tylenol that had sufficed for weeks was no longer … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Economics, Politics | 1 Comment