Relevant and even prescient commentary on news, politics and the economy.

Capital in the 21st Century Discussion at The Graduate Center, CUNY

Last week there was an 1.5 hr discussion with the following participants:  Joseph Stiglitz (Columbia University), Paul Krugman (Princeton University), and Steven Durlauf (University of Wisconsin–Madison) participated in a panel moderated by LIS Senior Scholar Branko Milanovic. The Center just posted it yesterday on their youtube channel.

Oxytocin and lying from a psychology and ECONOMICS study center researcher

I am posting this because the source of this study caught my attention.  It is out of the  Ben-Gurion University of the Negev (BGU) and the University of Amsterdam, Psychologists Dr. Shaul Shalvi and Dr.  Carsten K. W. De Dreu respectfully.  Dr. Shalvi is the head of BGU’s Center for Decision- Making and Economic Psychology. […]

Seattle University Symposium on Inequality, Nick Hanauer

The following video was posted in Ed’s Post by Marko.  I thought it deserved a wider audience. The symposium included a discussion regarding raising the minimum wage to $15.  Mr. Hanauer, being an honest to goodness real billionaire talked about what that would mean for his situation.  I like the way he put it.  He […]

Apple has some money burning a hole in its pocket

Getting real about Apple’s $100 billion stock buyback.  Updated* So I was hearing some where that Apple has a lot of money just burning a hole in it’s pocket. Seems there’s an arson named Carl Icahn trying to really ignite it by using twitter. Apple has implemented a plan to spend $100 billion of it’s […]

David Simon via Bill Moyers

I can’t get past just how juvenile the thought is that if you just let the markets be the markets, they’ll solve everything.  And if profit is your only metric, man, what are you building?  David Simon This is the first part of an interview with David Simon.   He is a “journalist and creator of the […]

Did you hear the one about a corporation and a democracy?

Time for a bit of comic relief. (video below the fold)  Julianna reporting on Net Neutrality.  Remember when President Obama said the days of lobbyists setting the agenda was over? I’m posting this here because this is about “markets”.  It is about competition.  It is about freedom.    The free market competition of…wait for it…IDEAS.  It […]

When it comes to finding money: People vs Corporations, $535 billion over 10 years

As we continue this fight regarding the national budget, funding for the people, (food, unemployment, medical), entitlements and the overall moral position this nation has and will take with its money, let’s recall the truth about a program that was sold and is still sold as a benefit for the people.   It’s cost is intentionally […]

Pictures of the Trans Pacific Partnership and to Giroux’s biggest lie: Capitalism is Democracy

HENRY GIROUX: Oh, I mean, I think that’s the biggest lie of all actually. The biggest lie of all is that capitalism is democracy. We have no way of understanding democracy outside of the market, just as we have no understanding of how to understand freedom outside of market values. I learned about two maps […]

Who is the true beneficiary of welfare? or Please define: Entitlement

I wrote in February of 2012 about welfare: Welfare, I’m not hurting from it and neither are you. I noted the following: but it looks to me like what we spend on welfare is not much more than what the government is spending on just doing the government thingy, unless of course people can’t get […]

Chris Hayes, Why don’t you have me on as a guest?

On October 2, 2013 Chris Hayes had on Larry Kudlow to discuss the economics of the government shut down.  All I can say is, I could not believe he was the one Chris went to for insight.  Maybe he had to because, you know, Kudlow is related to him via the network they work at.  But really, […]