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A Depression Era Economics Lesson | project chesapeake
A Depression Era Economics Lesson | project chesapeake. When the great depression hit in the 1930’s, many people had a difficult time surviving. When the system they depended on ceased to function properly, they no longer had the ability to earn a living wage and care for their families. Even at a time when you […]
Piercing the Technology Bubble | Common Dreams | Breaking News & Views for the Progressive Community
Piercing the Technology Bubble | Common Dreams | Breaking News & Views for the Progressive Community. The “Techno-Utopianism and the Fate of the Earth” conference takes place this weekend. (Photo: Thang Nguyen/flickr/cc) This weekend, October 25 and 26, I will be joining leading critics, from the United States and abroad, of corporate-controlled technologies, who are also proponents […]
Van Hoisington And The Fed’s Bubble: “Overtrading” And “Discredit” Always End In “Revulsion” | Zero Hedge
Van Hoisington And The Fed’s Bubble: “Overtrading” And “Discredit” Always End In “Revulsion” | Zero Hedge. Excerpted from Hoisington Investment Management’s Quarterly Outlook, via Van Hoisington and Lacy Hunt: The U.S. economy continues to lose momentum despite the Federal Reserve’s use of conventional techniques and numerous experimental measures to spur growth. In the first half of […]
Economics As If Future Generations Mattered | On the Commons
Economics As If Future Generations Mattered | On the Commons. By Lieven Soete under a CC license The message that solutions to climate change and environmental degradation is up to the individual directly conflicts with what people are witnessing We have turned a corner on climate change— a wrong turn– and it is happening more rapidly than we have predicted. Climate change is […]
A Paradox to Savor: A High-Quality, Free Economics Textbook | David Bollier
A Paradox to Savor: A High-Quality, Free Economics Textbook | David Bollier. The economist Paul Samuelson once wrote, “I don’t care who writes a nation’s laws—or crafts its advanced treaties—if I can write its economics textbooks.” What a pleasure to learn that an insurgent team of economists, The Core Project, is about to rewrite the nation’s […]
The New Great Depression | Two Ice Floes
The New Great Depression | Two Ice Floes. A few years back Peter Schiff opined the Great Depression of the 1930s would look like a Sunday school picnic compared to what is headed our way. Without a doubt the cat is out of the bag. Everyone knows things are not going well. Unfortunately, it seems […]
The overdue Copernican Revolution in Economics – Steve Keen’s Debtwatch
The overdue Copernican Revolution in Economics – Steve Keen’s Debtwatch. This is the talk I gave at the first conference of the International Student Initiative for Pluralism in Economics, held in the beautiful German town of Tuebingen, Germany on September 19–21 2014. I cover Minsky, money, complexity, the role of debt in aggregate demand & aggregate supply, and the economic […]
Saxobank CIO Warns “Another Shock Drop Is Coming.. And It’s Coming Soon” | Zero Hedge
Saxobank CIO Warns “Another Shock Drop Is Coming.. And It’s Coming Soon” | Zero Hedge. Saxo Bank’s Chief Economist Steen Jakobsen is predicting another ‘shock drop’ in the markets within a few weeks. With debt and low inflation continuing to create a nervous atmosphere behind most markets, Steen argues that we will hit fresh lows in mid-November. […]
The Dow October 22, 2014 & Bond Bubble | Armstrong Economics
The Dow October 22, 2014 & Bond Bubble | Armstrong Economics. The resistance in the Dow Jones Industrial Index for today stands in the mid 16700 zone on a technical basis. Targets in time for this week were Wed and Friday with the latter being the main target. ONLY a closing back above 17010 would signal that […]
The next financial crisis may be just around the corner | ROAR Magazine
The next financial crisis may be just around the corner | ROAR Magazine. As growth stalls, stocks tumble and investors fret, the question is no longer if there will be another crisis, but when and where it will strike first. The headlines look eerily familiar: global growth is stalling, stocks are tumbling and peripheral bond […]
oftwominds-Charles Hugh Smith: In Uncharted Waters
ftwominds-Charles Hugh Smith: In Uncharted Waters. What I see as extremes that must necessarily end badly, others see as mere extensions of recently successful policies and trends. A long-time reader recently chastised me for using too many maybe’s in my forecasts. The criticism is valid, as “on the other hand” slips all too easily from qualifying a position […]
The Krugman Function Part 2–Whole System Thinking – Transition Milwaukee
The Krugman Function Part 2–Whole System Thinking – Transition Milwaukee. Whole System Thinking Anyone who has spent much time thinking about ecology, peak oil and the economy, or global carbon emissions with any degree of complexity understands the importance of whole-system thinking. Whole-system thinking reminds us that our economy cannot be intelligently assessed without an […]
Divestiture is nothing but a distraction | Ensia
Divestiture is nothing but a distraction | Ensia. As a college president and chemist, I have worked throughout my career in areas connected to climate change. As an educator, I have written chemistry textbooks and regularly teach courses in which the most urgent issue is climate change. As a president, I frequently face decisions about […]
19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
19 Very Surprising Facts About The Messed Up State Of The U.S. Economy. Barack Obama and the Federal Reserve are lying to you. The “economic recovery” that we all keep hearing about is mostly just a mirage. The percentage of Americans that are employed hasbarely budgedsince the depths of the last recession, the labor force […]
