I have shown that Paul Krugman failed to anticipate the financial crisis and wrongly predicted that the single European currency would fall victim to it. I have exploded his claim to intellectual invincibility. Very clearly, he has made at least twice as many major mistakes in his career as the mere two he has previously admitted to.
Why, you may ask, did Krugman feel the need to be so bold (and so wrong) in predicting the euro's collapse over and over again, in his column, on his blog and to every media outlet that would give him an interview?
None of this will be easy. It requires a lot of people from very different backgrounds to talk to each other. But unless the intellectual opinion-makers of the middle class can join forces with a revitalized labor movement, all of us are in a lot of trouble.
I would like to see Paul Krugman admit that he got the biggest call of the last several years dead wrong, again and again and again. Not only should he admit his mistake, but he should also apologize to the millions of people who have suffered as a result of it.
The Grand Bargain is essentially about taking money from middle income people through Social Security cuts and tax increases and giving the money to the Pentagon for unnecessary Pentagon spending.
For almost 9 years I've been warning Huffington Post readers of the danger religious right fundamentalist activism is to our country. With the advent ...
I'm finally coming out of the closet for my whole family. Now that I'm a grandfather myself, I can reveal that my long-deceased grandfather, Moishe Fr...
If you want to understand how we got to the point of a government shutdown, ask any Republican exactly what they would cut from the budget, and ask them to give actual dollar amounts of how much money that would "save."
We cheerfully allow domineering corporations, which are not in fact living human beings, the kind of bailout that outrages us when we reward flesh-and-blood tyrants with the same privilege -- impunity for the damages they cause to others.
The reports made headlines the same day, serving as one more dramatic sign that America's working public is heading in two diametrically opposed directions.
There has never been a woman chair of the Fed, and correcting that inequity is long overdue, but it's also true that Dr. Yellen is the best person for the job, male or female.
Martin Luther King said the basis of disparities between the races had as much to do with income inequality as outright racism in his book, Why We Can...
An even bigger problem though is that by focusing so heavily on Summers, the president has inadvertently narrowed the field down to only two candidates: Larry Summers and Janet Yellen.
This article discusses a simmering feud among five of the most prominent economists in the world (two of them Nobel Laureates).
President Obama has already fired Ed DeMarco, acting director of the Federal Housing Finance Agency (FHFA), but before he leaves DeMarco is handing an early Christmas present to his friends in the banking industry.
This is the story of a generation. My generation. We're in our 20s and early 30s. They call us the Millennials. But lately it seems a more accurate name would be the Unhireables.