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Michael D. Intriligator
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Blog Entries by Michael D. Intriligator

A New Approach to U.S. Economic Policy

Posted September 9, 2011 | 13:22:31 (EST)

The recent news that no jobs were added to the U.S. economy in August indicates the depth of the current recession. Meanwhile, the U.S. stock market and economy have been sustaining major gyrations and uncertainty due to an uninformed and misguided battle over the budget deficit and national debt among...

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Downgrade S&P Status to "Amateur"

Posted August 9, 2011 | 14:46:56 (EST)

The fact that the rating agency Standard & Poor's downgraded the U.S. credit rating from AAA to AA+ a few hours after the Treasury discovered a two trillion (!) dollar error in their calculations suggests that their "economic analysis" was just window dressing to a publicity stunt. The credibility of...

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The Essence of Our Current Economic Problems, and the Solution

Posted February 23, 2011 | 12:01:45 (EST)

It is axiomatic that an employed person in the labor force receives compensation and dispenses his earnings for his family's consumption, housing, transportation, medical, education, entertainment, savings and other necessities and luxuries of life. The sum of these expenditures and savings create the cash flow for banks, corporations, markets, investment...

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Time to Quit Afghanistan Now

Posted November 23, 2010 | 08:57:22 (EST)

The U.S. occupation of Afghanistan has entered its 10th year, the longest U.S. war in history, with no victory or defeat in sight. The initial objective of capturing Osama bin Laden in Afghanistan is no longer valid as he and his al Qaeda followers fled to Pakistan nearly a decade...

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A New Approach to Afghanistan

Posted September 21, 2010 | 15:35:09 (EST)

Our War in Afghanistan continues, and it is now the longest war in U.S. history. It is not going at all well for us, nor for our NATO allies, and certainly not for the Afghans who have suffered from huge losses and the destruction of their economy and society. Indeed,...

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A Current "Swords into Ploughshares" Proposal: Pakistan and Afghanistan

Posted August 26, 2010 | 11:58:35 (EST)

There is currently an enormous humanitarian disaster in the floods in Pakistan that represent one of the greatest challenges the world faces. These floods were triggered by the start of monsoon rains last month and their scale exceeds other recent disasters. The floods have submerged one-fifth of the nation, killed...

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An Alternative to Long-Term Unemployment Compensation

Posted July 2, 2010 | 15:51:37 (EST)

One of the most durable and popular government programs in the United States to deal with the problem of unemployment is that of unemployment insurance. During the past few decades, this financial support program has been limited to six months after a worker is laid off, while continually seeking new...

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Why We Need a New Manhattan Project to Address Climate Change

Posted April 20, 2010 | 12:42:56 (EST)

Albert Einstein once observed that "Everything has changed since the day that the power of the atom was unleashed except for one thing: the way we think." Our belief is that this observation also applies the energy/climate change problem as addressed in the Kyoto and Copenhagen conferences and their resulting...

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Conventional Trident Modification Program: Creating the Possibility of Global Zero for Nuclear Weapons

Posted March 1, 2010 | 11:04:39 (EST)

The idea of "Global Zero" has returned to the public agenda, referring to the total elimination of nuclear weapons. On the surface this idea is very appealing. Global Zero was proposed in a Wall Street Journal Op Ed by four prominent former officials, two Republican and two Democrats: George P....

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A Way Out of the Recession Using gMap and gBiz Programs for Homeowners and Small Businesses

Posted February 4, 2010 | 11:01:53 (EST)

Homeowners and small business owners are in deep trouble as a result of the recession and need help fast. Homeowners have been and will continue to be jolted by the falling value of their homes, the loss of family incomes, and high debt. This has translated into less consumer...

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For a Solution in Afghanistan, Look South...and In the Past

Posted October 13, 2009 | 17:15:59 (EST)

It has been reported that President Obama is considering military options for Afghanistan that range from a complete military commitment, such as has been suggested by General McChrystal with 40,000 added troops, to a focus on training the Afghan armed forces and police, as has been suggested by Vice President...

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It Will Take Years Before the Current Recession Will End

Posted May 2, 2009 | 17:53:18 (EST)

Many are predicting that the current recession will end soon, by this summer, later this year, or at most next year. I don't believe this prediction, which I see as largely politically motivated or self-serving. Instead, I believe that it will take years for the recession to end unless...

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Health Care Reform by Medicare Expansion

Posted April 21, 2009 | 15:48:25 (EST)

By Michael D. Intriligator and Eric W. Fonkalsrud, M.D.

Exploding costs, limited accessibility, and uneven quality of basic health care in the United States have been highlighted as a top priority for early correction by the Obama administration. The cost of health care represents a significantly higher proportion of...

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