How European Union Fiscal Rules Subverted Democracy and Institutionalized Neoliberalism
A good overview of how fiscal rules gave neoliberal ideology and unaccountable bureaucrats the upper hand in the EU.
Read more...Category Archives: The destruction of the middle class
Bill Black: Adam Davidson, the 1%’s Lord Haw-Haw, Mangles Economic Theory to Attack Sanders
Adam Davidson makes numerous misrepresentations about economics in a salvo against Bernie Sanders’ economic plans. Does he really not know better, or has he really drunk the orthodox Kool-Aid?
Read more...Credentialism and Corruption: Neoliberalism as Lived Experience
How do these people live with themselves.
Read more...Youth Unemployment in the Mediterranean Region and its Long-Term Implications
The data on European youth unemployment is sobering, and the migrant influx is making a bad situation worse.
Read more...Bill Black: “Liberal” Economists Cheered the New Democrats’ Deregulation of Finance
A case study illustrating how soi-disant liberal economists pushed the US to the right during the Clinton Administration.
Read more...Intra-EMU Divergence Is A Feature Not A Bug
Yves here. I’m leery of reinforcing the “competitiveness” meme, since it’s based on the false premise that all countries can be exporters. But this article nevertheless makes important observations about Eurozone structural flaws.
Read more...Gaius Publius: A Look Ahead: Neither Party Can Win Without Winning Independents
Independents are key to winning the general election, particularly for the Democrats, And they are not moderate Republicans; they are now pretty radical.
Read more...What Happens When America’s Kids Confront Extreme Inequality?
A hopeful account and some lessons about inequality from Chelsea. But can we really generalize from this case?
Read more...What “Hope” (and Change) Look Like in the Labor Market, According to the New York Times
Why aren’t all segments of the labor market equally crapified?
Read more...Gaius Publius: Will Sanders Play His Ace?
Sanders lists demands for Clinton if he fails to get the nomination…and it includes demands like single payer that are so far from her current position that it is inconceivable that she will give them lip service.
Read more...A Modest Proposal: Securitizing Loans for Large Health Care Expenses
Health care loans are the equivalent of mortgages for large health care expenses. What could go wrong?
Read more...Can Sanders Win Over Rich Voters in New York?
After Wisconsin, the next round of primaries in concentrated in more affluent East Coast states, and Clinton does well with rich voters. Can Sanders make enough headway with them?
Read more...Paul Ryan Sorry for Calling Americans “Takers.” Let’s Talk About the Real Takers.
Rana Foroohar’s new book, Makers and Takers: The Rise of Finance and the Fall of American Business, addresses what Paul Ryan conveniently left out.
Read more...Gaius Publius: The Rebellion Will Not Go Away
Rebellion watch: Why the natives will remain restless.
Read more...Marshall Auerback: Donald Trump Understands the Nexus Between Trade and Immigration
By linking immigration and trade, however crudely, Trump has exposed the broader paradox and inherent contradictions which lurk between the two.
Read more...