What do the Easter Bunny, the Tooth Fairy, Santa Claus and the "free market" have in common? None of them exist.
We must not allow the Blue Dogs to slow down President Obama's momentum or water down the sweeping reforms the nation needs in these trying economic times.
Economists are already using Iceland as a textbook case of how to ruin a nation's economy. As Paul Krugman notes, there is an "almost eerie correlation between conservative praise two or three years ago and economic disaster today."
Reading the Huffington Post or watching Fox News, one could conclude that liberals versus conservatives is the pivotal political division of our times. One could not be more wrong.
As our free market comes under deadly assault by the Socialists and the Trotskyists in the White House, I'm proposing we hold a big fashion show and give all the money to the free market. Who's with me?
Perhaps the centerpiece of the current bill (at least for people's pockets in the short-term) is an actual weekly paycheck bump to the tune of about eight bucks.
The Obama team feels it is better to artificially prop up home prices at an unsustainable level rather than have them retreat to a price that can be supported by the free market.
Back in the days when the market was a kind of secular god, we were told private businesses did everything better than the state. But something happened on the road to privatopia.
Why are the banks not fulfilling their end of the understanding that if US taxpayers provide the blank check, they will open the liquidity tap so that the economy can operate?
The deeper problem is not consumers' dependence on credit but the American economy's dependence on consumer over-confidence.
By and large the free-market medicine men seem determined to learn nothing from this awful year. Instead they repeat their incantations and retreat deeper into their dogma.
We must grow the economy by empowering the private sector. I would have hoped by now we learned that inflation doesn't solve anything.
It's time to drive the final nail into the coffin of laissez faire capitalism. If not, the Dr. Frankensteins of the right will surely try to revive the monster and send it marauding through our economy once again.
Obama may soon find that he is committing a big sin against one of the major premises of the reigning ideology, and will create a head-on collision with one of the cherished dogmas of market fundamentalism -- "free trade."
Everyone needs to stop acting like they're surprised by the recession. It's not cute, and it's painfully insincere.
To the rapacious media: climb off your high horse and stop pretending you're shocked, shocked! Blagojevich is just doing publicly what the free market system has being doing privately for thirty years.
The way out of our crisis is to limit further the influence of government over the economy, so that even if someone could afford to buy political influence, there would be very little to sell.
Let's start with a re-thinking our fundamental economic philosophy: capitalism. In order to run effectively over time, democracies need robust economic systems.
Where's the outcry when you learn that more money has been spent to contain this crisis than was used in all of World War 11?
Obama will fail if he tries anything "inside the box." The only way he's going to pull us out of this multifaceted manure pile is by being open to big bold ideas and then taking Herculean steps.
This morning, Senator Chris Dodd warned that Congress might take a step that would send shivers down the spines of every CEO: federal caps on executive pay.
The remedy today lies not simply in deleveraging but in re-democratizing -- recreate social capital and trust will follow. Then and only then will markets calm.
The first faculty-wide senate meeting of its kind in 24 years could take place by the end of the year at the University of Chicago as a controversy co...
It now takes about 10 cents on every tax dollar collected just to pay the interest on the debt. As bad as that is, it's only because interest rates are at record lows that the debt is still manageable.
Why do we feel that we must leave our most important assets, the health and natural resources of our planet's ecosystems, up to this sacred cow called "The Free Market"?
