Category: Economy
Arthur Goldwag: the Tsarnaevs, Conspiracy Theorists and the Politicians Who Exploit Them
by Arthur Goldwag | May 1, 2013 | Economy(Alex Jones claimed the U.S. was behind the Boston bombings to strip Americans’ civil liberties.) Boylston Street was literally slick with blood when Massachusetts Gov. Deval Patrick held a press conference on April 15. The first question came from Dan Bidondi. “Why were the loud speakers telling people in the audience to be calm moments […]
For Bobby Jindal, April Was the Cruelest Month
by Stephanie Grace | May 1, 2013 | Economy, PoliticsIt’s become an article of faith in louisiana that Republican Gov. Bobby Jindal has his eye on a bigger prize. Jindal consistently, if winkingly, denies it. But in Baton Rouge, his national ambition is part of the landscape. That’s worked out fine for the one-time Rhodes Scholar and precocious policy whiz, who landed his first […]
Mike Konczal: The Austerity of a Coding Error and Why the Reinhart-Rogoff Fiasco Matters
by Mike Konczal | Apr 26, 2013 | EconomyEditor’s Note: In April, the credibility of economic austerity, which has incited rioting in Europe, took a hit when a graduate student from the University of Massachusetts-Amherst found a coding error in a 2010 research paper published by Harvard professors Kenneth Rogoff and Carmen Reinhart. Since the 2010 release of that paper, which argued that […]
Pascal Robert: Obama as Wall Street’s Manchurian Candidate
by Pascal Robert | Apr 17, 2013 | Economy, PoliticsIn 2006, Barack Obama, less than two years in Congress as a pure neophyte, was the only U.S. Senator to attend the first meeting of former Treasury Secretary Robert Rubin’s meeting of the Hamilton Project at the Brookings Institute. In the video above, Obama talks about the new economic order. Watch Obama heap praise on […]
Doug Henwood: The Economic Consequences of Student Debt
by Doug Henwood | Apr 17, 2013 | EconomyThe Federal Reserve Bank of New York is out this morning with new research (“Young Student Loan Borrowers Retreat from Housing and Auto Markets”) showing that student debt is not merely painful to those owing it, but has also become economically damaging. The debt burden is essentially neutralizing, or worse, the income advantage of having earned […]