Posted on 13 November 2019. Tags: Brianna Wu, Democrats, Evelyn Astor, GDP, Growth, Herman Daly, ITUC, massachusetts
Anyone remember that TV advertisement that Merrill Lynch used to have, with the big bull trotting along a beach? I’m reincarnating that bull today for a pretty simple discussion: what is economic progress and how do we have economic growth without destroying the planet? Evelyn Astor, an economic and social policy advisor at the International […]
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Posted in Audio, Economy, Podcast, Politics
Posted on 30 July 2014. Tags: Economy, GDP, Growth
Yipee, it’s up, the economy is “rebounding”, smile, celebrate…uh, well, not so fast.
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Posted in General Interest
Posted on 02 December 2013. Tags: Employment, Growth
This is sort of the tree falling in the woods analogy — if you grow but there isn’t work, did you know you grew?
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Posted in General Interest
Posted on 07 September 2011. Tags: Banks, Barack Obama, Crime, Debt, Deficits, Financial Crisis, Foolishness, Global Austerity, Greed, Growth, Jobs, Stimulus, United Nations
I often fear I am going to be injured–a victim of the adult "shaken head" syndrome. It’s the syndrome I think many of us are afflicted with–you wake up every day and read some stupid-ass comment or proposal by political leaders of both parties and…you shake your head. I’m telling you, it’s dangerous. […]
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Posted in General Interest
Posted on 12 March 2011. Tags: Crisis, Disasters, Economic Activity, Economy, Gross Domestic Product, Growth, Japan, Wages
The tragedy in Japan is real and the loss of life truly sad. But, there is one other piece of knowledge to glean today that is a long-term keeper: how disasters are GOOD for the Gross Domestic Product, and what that tells us about how we think about "recovery" and "economic growth". […]
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Posted in General Interest
Posted on 29 January 2011. Tags: Barack Obama, Competitiveness, Corporations, Economics, Fairness, Greed, Growth, investment, Prosperity, Taxes, U.S. Treasury
Got crabs? Cut corporate taxes. Can’t get your kid to eat spinach? Cut corporate taxes. Worried your skin it too dry? Cut corporate taxes. And, then, of course, want the economy to be more "competitive" and "grow"? Cut corporate taxes. None of the above will be helped by cutting corporate taxes–but the reasons given for […]
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Posted in General Interest
Posted on 07 January 2011. Tags: China, Economy, Growth, India, Martin Wolf
While a bunch of elected "leaders" engage in a childish game of theater (reading the Constitution), while we flush down the toilet trillions of dollars in wealth on immoral wars, while one half of the working class is being turned against the other half and unions are being blamed for ills created by the incompetent, […]
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Posted in General Interest
Posted on 04 April 2008. Tags: Class Warfare, Economics, Financial Crisis, Growth, Subprime Mortgages, Unemployment
Readers of this blog know that I have been pointing out for a long time that the majority of Americans have been in recession for a long time–it was partly masked by the housing bubble, which allowed a lot of people to pull out a whole bunch of cash from almost under the mattress […]
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Posted in General Interest
Posted on 08 January 2008. Tags: Class Warfare, Economy, Growth, Stimulus
In the past few days, there has been mounting discussion in the political class about some sort of "stimulus package" that should be conjured up in Congress to try to bolster the economy. Today, for example, The Wall Street Journal has this: Amid concern about the economy, House and Senate Democrats are preparing legislation […]
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Posted in General Interest
Posted on 08 January 2008. Tags: Class Warfare, Economy, Growth, Stimulus
In the past few days, there has been mounting discussion in the political class about some sort of "stimulus package" that should be conjured up in Congress to try to bolster the economy. Today, for example, The Wall Street Journal has this: Amid concern about the economy, House and Senate Democrats are preparing legislation […]
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Posted in General Interest