Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret. Joseph E. Stiglitz. “Of the 1%, by the 1%, for… Read More »
1. “There is no room for compromise. Either the entire Mubarak edifice falls, or the uprising is betrayed” – Slavoj Žižek 2. Paul Haggis vs. the Church of Scientology – The New Yorker 3. “Why all the fuss over Scientology, when your resources and time might better be directed at the finances, earthly corruption, and… Read More »
I think that basic economics, the way it is taught today, tends to give people reflexive pro-free market, anti-government positions — positions that arenot held by people with a deeper exposure to economic thinking. When your understanding of government finances is based on reading the newspaper, it’s somewhat eye-opening to come to college and learn… Read More »
From a policy brief from the United Nations University: We have already witnessed over the past year brave and even imaginative efforts by many developing countries in order to cope. Developing countries with the largest and strongest economies, such as China, India and Brazil, have shown encouraging early signs of recovery after implementing timely countercyclical policies.… Read More »
I just discovered the Project Syndicate site…. I am not yet done exploring it, but I think it promises to be interesting. The objectives, according to the home page, are: – bringing distinguished voices from across the world to local audiences everywhere; – strengthening the independence of printed media in transition and developing countries; –… Read More »