Dec 27, 2011

Video: America Beyond Capitalism

“If it can happen in Cleveland, it can happen anywhere.” Gar Alperovitz on an alternative to state socialism and corporate capitalism:

Source: The Real News Network.

 

Dec 21, 2011

Economics 4 People

From the Valley Advocate of Northampton, Mass.:

Popular economics education? The phrase seems oxymoronic. What field is more institutionalized and less popularized than economics?

Yet here is Econ4, a new initiative floating around the outskirts of economic academia, aiming to “end intellectual monoculture in the economics profession.”

Why are they doing this? And just what do they hope to accomplish?

“In the wake of the financial crisis, there was a need and demand for a better understanding of economics, more rooted in reality,” James Boyce tells me as we talk in his office. “You can’t delegate this stuff to the high priests of academia, Wall Street, and the Treasury Department.”

Read more here.

Dec 19, 2011

Cap-and-dividend climate policy

This short cartoon from www.capanddividend.org lays out how a cap-and-dividend climate policy would work:

Source: Cap’n Dividend.

Dec 18, 2011

The case for true-cost pricing: Indian Point nuclear plant

“Indian Point: The Next Fukushima?” Former Nuclear Regulatory Commission member Victor Gilinsky, writing in The New York Times:

Some 160,000 Japanese are still displaced because the radioactive contamination — in an area far less populated and less dense than the New York area — was so intense and far-reaching. The Nuclear Regulatory Commission’s cost-benefit analyses for Indian Point and other nuclear plants in the United States do not factor in these possibilities.

Read the entire piece here.

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

The High Price of Materialism

A new video from the Center for a New American Dream.

Source: http://www.newdream.org/resources/high-price-of-materialism

Dec 11, 2011

“Get It Done”

Youth delegate Anjali Appadurai at the Durban climate summit.

Source: http://www.youtube.com/watch?v=Ko3e6G_7GY4.

Dec 11, 2011

Market share among U.S. banks

Source: http://www.nytimes.com/imagepages/2011/12/11/magazine/11economy2.html?ref=magazine.

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 7, 2011

Make More Videos

From Ben, November 28, 2011:

Make more videos. Your audience is waiting.

 

Econ4 replies:

Thanks, Ben. That’s exactly what we want to do. We are now seeking funding to make it possible.

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.