Is there a difference between economics and politics?
On the surface, the question might seem beside the point. Economics is the study of economic transactions between people and groups and politics is the practice of governing. But with…
A Marxist’s explanation of the 2007-08 crisis
In this short RSA Animate, radical sociologist David Harvey asks if it is time to look beyond capitalism, towards a new social order that would allow us to live within…
The unrecognizable future
With a predicted population of 9 billion, food production and competition for resources could change the face of our planet. http://news.discovery.com/earth/earth-unrecognizable-2050-resources-110220.html While there can be no doubt that the future…
Adding to the Problem In Order to Solve It
(Reuters) – President Barack Obama on Tuesday ordered a government-wide review of regulations with the goal of eliminating those that hurt job creation and make the economy less competitive. http://www.cnbc.com/id/41131176/Obama_Wants_to_Shed_Rules_That_Hurt_Job_Growth…
What Is the Most Ridiculous Form of Government Waste Going On Now?
In ‘Juggernaut’, I explain what can be called the ‘effective demand problem’. This is the Keynesian notion that a complex economy breaks down in times of high unemployment because the…
Does size matter in government?
In his Inaugural Address, Obama stated, “The question we ask today is not whether our government is too big or too small, but whether it works, whether it helps families…