Browsing articles in "Articles"
Dec 14, 2011

Econ4 in Chronicle of Higher Ed

Recently critics have mounted a more fundamental line of attack on mainstream economists, taking aim at the ideology that has grown dominant over the past 30 years, which they say played a significant part in causing the Great Recession and not doing much to help solve it.

Read the entire piece here.

Dec 11, 2011

Market share among U.S. banks


From the same issue of the Times, Gretchen Morgenson’s excellent piece on TBTF (too big to fail):

Reducing the perils of gargantuan institutions — and the threat to taxpayers — is an idea that seems to be taking hold in Washington. To be sure, the army arguing for change is far outgunned by the battalions of bankers and lobbyists working to maintain the status quo. But some combatants seeking reform believe they are making headway.

Read it here.

Dec 3, 2011

Economics 4 People, the Planet, and the Future

From James Boyce’s post on the TripleCrisis blog:

Our current economic crisis is not only a crisis of the economy. It is also a crisis of economics. The free-market fundamentalism of the closing decades of the 20th century today has been thoroughly discredited – or at least, should have been – by financial collapse, swelling inequality, global imbalances, mass unemployment, and environmental degradation.

Read the rest of the article here.

Nov 30, 2011

Wanted: Worldly Philosophers

Economists should see the big picture – and ask the big questions. But in a recent oped piece, Roger Backhouse and Bradley Bateman argue that the profession has been so preoccupied with the trees that it lost sight of the forest:

It’s become commonplace to criticize the ‘Occupy’ movement for failing to offer an alternative vision. But the thousands of activists in the streets of New York and London aren’t the only ones lacking perspective: economists, to whom we might expect to turn for such vision, have long since given up thinking in terms of economic systems — and we are all the worse for it.

Read their piece here.

Nov 29, 2011

Nancy Folbre: Occupy Economics

From Nancy Folbre’s NYT Economix post, Occupy Economics:

The Occupy Wall Street movement, displaced from some key geographic locations, now enjoys a small but significant encampment among economists.

Concerns about the impact of growing economic inequality fit neatly into a larger critique of mainstream economic theory and its deep faith in the efficiency of markets.

Read the rest of the article here.

Nov 15, 2011

If U.S. land were divided like U.S. wealth









Aug 10, 2011

Environmentalism's Original Sin

“When the choice is framed as Humans versus Nature, it turns out that most people will choose Humans. If environmentalism is to win the future, we must move beyond this false dichotomy.” Read it here.

Aug 1, 2011

Universal Health Care: Can We Afford Anything Less?

Gerald Friedman on why only a signle-payer system can solve America’s health-care mess. Read it here.

Jun 2, 2011

The Prehistory of the Next Possible Progressive Era

Excellent stuff from Gar Alperovitz on laying groundwork for the movement to come. Read it here.

Apr 18, 2011

Tax Havens or Financial Sinkholes?

Great article from James K. Boyce, originally published on Triple Crisis. Read it here.