Category Archives: Economics

The Light At the End of This Economic Tunnel Is a Train

In an interview with AlterNet, economist Joseph Stiglitz points to a dismal future for this country if we continue the current path of widening economic inequality. Deregulation, government downsizing, and an unfair tax system is making things worse. The middle … Continue reading

Posted in Economics, economy, inequality, taxes, Wall Street | Tagged , , , | Leave a comment

The Robin Hood Tax

Professor Richard D. Wolff explains how a tiny “Robin Hood” or transaction tax on financial trades can raise enormous revenue for governments.  Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 … Continue reading

Posted in Economics, economy, finance, government, inequality, taxes, Wall Street | Tagged , , | Leave a comment

Making the World a Better Place

Posted in Economics, economy, environment, humor, inequality, poverty | Tagged , | Leave a comment

Consumer Capitalism Wins Again

Twenty years after the first substantive Earth Summit in Rio de Janeiro in 1992, representatives from more than 190 countries met again. Hopes were high, but unlike the first one, the 2012 Summit was mostly window dressing. President Obama, Prime … Continue reading

Posted in Barack Obama, Economics, economy, Energy, environment, government, politics, science | Tagged , , , , , , , | 2 Comments

The Visible Hand of the Market

Posted in Economics, economy, employment, inequality, Justice, labor, law, poverty, race, taxes, Wall Street | Tagged , , , | Leave a comment

HOW SAD WE ONLY HAVE ONE BERNIE SANDERS

The American People Are Angry By Bernie Sanders/ OpEdNews.com/ June 28, 2012 The American people are angry.  They are angry that they are being forced to live through the worst recession in our lifetimes — with sky-high unemployment, with millions … Continue reading

Posted in Democratic Party, Economics, economy, elections, employment, government, inequality, labor, politics, poverty, protest, Republican Party, taxes, Wall Street | Tagged , , , , , , | Leave a comment

The Morally Corrupt But Brilliant Secret Strategy of the Military/Industrial/Homeland Security Complex

by Arlen Grossman/ The Big Picture Report “War is a racket… easily the most profitable, surely the most vicious… It is the only one in which the profits are reckoned in dollars and the losses in lives….It is conducted for … Continue reading

Posted in civil liberties, Economics, economy, foreign policy, government, military, politics, Terrorism, war | Tagged , , , , , , , , , , , , , , , | 2 Comments

Indentured Students

Posted in economy, Education, finance, politics | Tagged , , , , | Leave a comment

Wealth Inequality: Perception vs. Ideal vs. Reality

OUT OF BALANCE A Harvard business prof and a behavioral economist recently asked more than 5,000 Americans how they thought wealth is distributed in the United States. Most thought that it’s more balanced than it actually is. Asked to choose … Continue reading

Posted in Economics, economy, inequality | Tagged , , | Leave a comment

5 GREAT THINGS ABOUT AMERICA…THAT AREN’T TRUE ANYMORE

By Arlen Grossman/ The Big Picture Report 1st Great Thing About America: We Are a Democracy (Or Used To Be)  Image: Ares/caglecartoons.com  Once a shining beacon of democracy, the United States of America has lost its way. To be sure, … Continue reading

Posted in Afghanistan, civil liberties, Economics, economy, elections, finance, foreign policy, government, inequality, Iraq, law, media, military, Occupy, Occupy Wall Street, politics, poverty, protest, Republican Party, Supreme Court, taxes, Wall Street, war | Tagged , , , , , , , | 3 Comments