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The Wealth of Nations

Why Do We Have A Half-Full Economy?

Harlan Green | Posted 09.19.2016 | Business
Harlan Green

Janet Yellen's Fed meets again this midweek to decide whether to raise short term rates. It probably won't happen, because they can't decide if the U...

The Wealth of People

Francis Levy | Posted 05.12.2016 | Home
Francis Levy

Caterpillar Inc. made headlines a while back when it attempted to freeze wages amidst windfall profits. Supply side economics which epitomizes free market capitalism basically holds that water will find its own level.

The Theory of Moral Sentiments

Francis Levy | Posted 05.07.2014 | Home
Francis Levy

In a review of Andrew Cayton's Love in the Time of Revolution: Transatlantic Literary Radicalism and Historical Change, 1793-1818 ("Emotions in the Ba...

Social Darwinism Redux

Francis Levy | Posted 11.20.2013 | Politics
Francis Levy

Jerry Z. Muller's essay "Capitalism and Inequality" (Foreign Affairs, March/April 2013) addresses a central issue our time: "the rise of economic ineq...

My Talk With Michael Hudson, Part 3

Michael W. Hudson | Posted 05.25.2011 | Business
Michael W. Hudson

However preordained the financial crisis was, it's remarkable how long its architects kept the game going. They managed to sustain the unsustainable for five years -- roughly from 2002 into late 2006.

Danger! Empathy and Psychopathy as Competing Value Systems in Politics and Economics

Marcella Mroczkowski | Posted 05.25.2011 | Business
Marcella Mroczkowski

Four to five percent of the population is born without a capacity for empathy. It is a neurological lack. A psychopath may be a genius and become a multimillionaire, but he will never be able to understand empathetic values.

7 Great Books By Economists

Huffington Post | Jessie Kunhardt | Posted 05.25.2011 | Home

There's a major panel discussion going on today in Washington, D.C. called "The Next Stage," in which economists are coming together to discuss the pr...

Health-Care Reform was the Key Issue in the 2008 Campaign...What Happened?

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

For some, the system works best when elites make the most fundamental decisions for our society, unencumbered by the trappings of "democracy", and when the population is depoliticized, misinformed, or both.

CON GAMES: Capitalism -- The God That Failed

Michael Conniff | Posted 05.25.2011 | Business
Michael Conniff

When it comes to capitalism under a putatively conservative administration, the emperor may have had no clothes but the God of the Free Market was buck naked.

The First Death Rattle of Our Unsustainable Economy (Part II)

Rebekah and Stephen Hren | Posted 05.25.2011 | Green
Rebekah and Stephen Hren

Since our current economic system is riddled with contradictions that are forcing its implosion as it abuts the physical limits of our planet, what do we do next?