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My Letter to Editor refuting conservative economics - printed!

One week ago, BeninSC posted a diary noting that the Republicans are "a party of Orwellian deception" and urging us to...shine the biggest light on the superiority of Democratic morality. Of doing unto...

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William Greider: Is Hillary Ready for Us?

William Greider is an old populist warrior, whom I greatly admire and respect. He used to be a national political columnist at the Rolling Stone in the 1980s and 1990s, which of course was the position...

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Whose ideas?

Cross-posted from Real Economics but slightly revised.Will the next generation of leaders will be any better than the neo-liberal blind ideologues and filthy rich sociopaths we have today? Well, we can...

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Demonizing the poor, then shooting them

I just want to quickly reach into the minds of people and connect two diaries here at DK right now.The public execution of Walter ScottandDemonizing the PoorI don't know about you, but I think every...

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Tell me again about the benefits of free trade...

Since NAFTA, the United States has devolved into an oligarchy/plutocracy.Since NAFTA, Canada has regressed to the basic essence of old colonialism: an economy almost entirely dependent on one, sole...

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Replace the TPP with a $100 trillion world program to stop climate change

Cross-posted from Real Economics.The TPP has brought the issue of "free trade agreements" to the fore again, so I think it is time we looked honestly at what has happened to the three North American...

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HAWB 1801 - Alexander Hamilton and Albert Gallatin - How America Was Built

I just wanted to share something from a book written by Henry Adams in 1879, The Life of Albert Gallatin. Alexander Hamilton was our first Secretary of the Treasury, serving under George Washington....

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NHL experiment with income equality & Stanley Cup Finals Game 1

Sports, according to a lot of radical leftists, is just as much an "opiate for the masses" as a religion. I sort of share the sentiment - unless there is a Chicago team playing for a championship.Yeah,...

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Cool Spring Power Musuem, June 2015

It’s easy to forget our place on the historical timeline of human development. Republicans, conservatives, and neo-liberal economists do it all the time. For example, they are emphatic in their belief...

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Greece and the world's pre-war, pre-revolutionary condition

I have long been impressed with how Ian Welsh is able to explain issues of politics and economics so concisely and brilliantly. He does not mince words, or pull punches. He smashes you full in your...

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Ellen Brown: Enact the Nuclear Option to Spread the Wealth

In September last year, Foreign Affairs, the quarterly journal and associated website run by the Council on Foreign Relations, carried a portentous article entitled Print Less but Transfer More. The...

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HAWB 1791 - Alexander Hamilton rejected Adam Smith

In a previous post of this series on How America Was Built (HAWB), I pointed to the importance of Alexander Hamilton, because he basically designed and created the USA economy. Hamilton was our first...

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Michael Hudson on the American School of Political Economy

Originally posted on Real Economics.Too many liberals and progressives are stunningly ignorant of the war of ideas and ideologies hidden behind the staid mask of the academic discipline of economics. A...

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Why are people calling for Western leaders to fight terrorism? They can't do...

“Why are people calling for Western leaders to fight terrorism?” Ian Welsh asks at the beginning of his blog today. “Do Not Ask Western Leadership To Fix Anything“ is the title.Ian then quotes a tweet...

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Paul Krugman on Challenging the Oligarchy

This past Sunday, Stirling Newberry noted that the latest New York Review of Books includes a review by Paul Krugman of Robert Reich’s new book, Saving Capitalism: For the Many, Not the Few. It is an...

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The Power to Govern

The Power to Govern: The Constitution -- Then and Nowby Douglass Adair and Walton H. HamiltonW.W. Norton & Co., New York, NY, 1937Abridged and annotated by Anthony K. Wikrent, November 2015It is...

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Well, I was wrong about $100 trillion . . .

but I am not apologizing.Because, a $100 trillion price tag to stop and even reverse climate change is too low.The International Energy Agency estimated in a recent report that the world needs to spend...

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America is moving left despite wrong-wing and Third Way strivings

Peter Beinart, contributing editor at The Atlantic and National Journal, set out to write about the “vast conservative reaction” to  Black Lives Matter and a Hillary Clinton campaign clearly steering...

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HAWB 1863 - Admiral Benjamin Franklin Isherwood and Steam Power - How America...

Above: A 1984 oil painting by John Charles Roach, depicting the U.S. Navy's fast cruiser USS Wampanoag performing her designed mission, in an imaginary conflict with the British empire. The Wampanoag...

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YES! If you take Goldamn Sacks lucre, you are morally suspect

Someone posted a very interesting story that appeared briefly on the recommended list today. They listed all the people who have accepted money for speaking at Goldman Sachs’ events. There were quite a...

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