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The tax debt of the 1%

Ever since Barack Obama became president of the United States, the leaders of the Republican party have fervently proclaimed the mantra ‘America is broke’ and because of this, the nation needs to...

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Economies are inextricably linked to the environment

Recent events have brought the common issues of environmental preservation and economics to the fore: the release of Naomi Klein’s new book, This Changes Everything (which I have not read); the...

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Democracy in America

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Trickle down is working too well…

Fladem’s post proves it. The problem isn’t that trickle down economics isn’t working. The problem is it is working all too well…

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From the archives... Help wanted: Stress Testers

A little snark prompted by an AlterNet piece...

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It's not the economy, stupid; it's economics

Why have wages been stagnant for decades? Why is income inequality so high? Why is the wealth gap so enormous? Why have all the economic gains of the last ‘recovery’ essentially all gone to the top 1%?...

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The Iran nuclear deal is so bad, it should be applied to the financial industry

There's a framework of a deal with Iran over nuclear weapons. A deal is needed because a nuclear Iran threatens the stability of the Middle East. And there's a lot of rumbling over how bad it is. In...

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The depth and breadth of economies

When people think about the economy, they most often think in terms of jobs and income but there’s much, much more to economies than that. Almost every decision by every person in every capacity has an...

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The ecology of economies

Economists, pundits and policy makers like to pontificate about the state of the economy. They often toss terms like ‘invisible hand of the market’, ‘free market’ and ‘market forces’ as if they are...

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Eleven economics lessons from ecosystems

Having previously established that economies mimic ecosystems, this similarity can now be exploited to illustrate how elements of economies relate to each other and the potential effects of various...

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Emergent flaws of Capitalism

Economics has precedence over all other human endeavors. This is not a ranking or a value judgement; it’s a statement of fact. Economies, or the production, allocation and distribution of surplus goods...

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The Next Economy

Amongst the majority of Americans, there is little doubt that we live in troubled times and the state of the economy is a large part of our trouble. Rising housing and consumer prices, stagnant wages,...

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