In 2007, the Financial Times’ Martin Wolf Wolf concluded that America needed some form of a welfare state. His argument is as valid now as then. Yet it is hard to imagine that anyone would make it now, particularly in light of the effort of soi-disant liberals to pretend that Obamacare insurance policies bear any resemblance to “universal health care”.
Read more...If you think climate change will help food production, think again. Many of the foods under threat are dietary staples.
Read more...Why markets, the god of neoliberalism, are not what they are cracked up to be.
Read more...How a budget approach cloaked in the aura of science and technical jargon became a tool for promoting austerity.
Read more...Today’s Water Cooler: Jebbie on the Confederate flag, jobless claims, class and the origins of money, your parents’ malware-laden browser
Read more...More discussion of the problems with the “debt-free money” construct, to the extent that it can even be called a construct.
Read more...Will “The Twelve Days of CalPERS ” become a new holiday classic?
Read more...Today’s Water Cooler: Iron law of institutions and the parties, #notmyabuela, Trump glossary, corrupt college sports, HR, DeLong on Piketty
Read more...How citizens must fight plutocrats if they are to have any hope of preserving rule by the people.
Read more...Capitalism’s “recovery” now proceeds like another speeding train headed toward contradiction and catastrophe.
Read more...Clinton plays with figures to understate her degree of Wall Street campaign support, and that ignores past support to the Clinton Foundation.
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