Sunday, April 29, 2012

United Kingdom In Double-Dip Recession

The champions of austerity continue their destructive march across Europe. This time the bad news comes from the United Kingdom, which is now officially in a double-dip recession. Lord Keynes discusses the issue on his blog, along with providing many helpful links. A must read.

Tuesday, April 24, 2012

Lech Wałęsa's Pyrrhic Victory

Courtesy of the excellent blogger Czarny Kot, a wonderful piece by Krzysztof Pilawski on some of the negative aspects of the transition from communism to capitalism in Poland, using the history of the Wałęsa family as an illustration. The sections on family life are especially interesting and should give pause to social conservatives who are blind to the social devastation wrought by capitalism in the name of "free markets."

The Poverty Of Economic Orthodoxy

Peter Cooper, at his excellent blog heteconomist.com, has a great post on the intellectual dishonesty of mainstream economic orthodoxy. An interesting read.

Friday, April 20, 2012

The Real Deal On Deficits

Marshall Auerback has a very good article debunking the bipartisan conventional wisdom on public deficits, here. A must read.

Wednesday, April 18, 2012

Sad Seoul


Professor Ha-Joon Chang has a very interesting article on the prevalence of unhappiness in South Korea, despite that country's successful development into a modern industrial nation. Prof. Chang places much of the blame for South Korean sadness on the neoliberal reforms that have been enacted in the country since the 1997 financial crisis. A great read.

Saturday, April 14, 2012

Tuesday, April 10, 2012

The Santorum Legacy?

The incomparable David Lindsay has two great posts on what Rick Santorum should have taught us about American politics and religion. Please read both posts.

The Fantasy Of The Investor Society

Over at Salon, Michael Lind has an excellent article on why Americans must reject attempts to replace public social insurance programs like Social Security with risky private investment schemes. A must read.

Saturday, April 7, 2012

Moses: Labor Leader


Just in time for Passover and Easter, Sara Horowitz, writing from the Jewish tradition, has a great article over at The Atlantic interpreting the story of Exodus as "the first great moment in labor history." A very interesting read for people of all faiths.