…is (savings are) some combination of money and real goods? Aren’t financial assets supposed to be representative of, proxies for, the real assets? (Equally confusing: economists’ insistence on talking about…

…in the form of labor and capital incomes. One can talk all day about monetary and fiscal policy, but at some point you have to talk about labor income to…

…insurance do in this Country? Is there such a thing as public hospital? Now talking about Brazil, i spend most of my life there, my husband used to work for…

…an even more shocking truth: People didn’t want to know. In a talk that’s part history lesson, part call-to-action, Margaret Heffernan demonstrates the danger of “willful blindness” and praises ordinary…

…by the skewing of 31% of 2001 and 2003 tax decreases to a 1% minority of household taxpayers making > $500,000 annually. 90+% of those tax cuts still exist in…

…reach equilibrium in the labor income money market. Economists talk about a recession, because real GDP is low. And they talk about having to lower interest rates to stimulate the…

…their way on things like Obamacare or tax cuts for big corporations or no capital gains tax increases. Ted Cruz went home to praise by the Tea Party Texans–one of…

…and my take on it but the IIRC longish comment thread it sparked didn’t survive the transition to Word Press from Blogger. Be that as it may the talk of…

…in 2030s. Even then, the fund would not be empty. Tax revenues would still cover approximately 75 percent of promised benefits until 2085. That’s hardly an emergency. All the Chicken…

…talk about a higher minimum wage and “moral-suasion”, which are subjects that Paul Krugman talked against when he wrote about the living wage. “In short, what the living wage is…