“Modern Times” Really Akin to “Dark Ages”

Jim Safina

Sherwood Ross: As humanity pushes the planet toward destruction, it is incredible that half of all the taxes collected from the American people — who are principal players in this rush — are used for warfare rather than to rebuild and rejuvenate the planet they are ravaging.

Obama’s Regulatory Brain

banking regulations

Robert Reich: The most important thing to know about the 1,500 page financial reform bill passed by the Senate last week — now on the way to being reconciled with the House bill — is that it’s regulatory. It does nothing to change the structure of Wall Street.

The Fed and Authoritarian Capitalism

greenspan

Chinese authoritarian capitalism, on display this week in Beijing, has me thinking about America’s democratic capitalism and how we practice it. Start with the U.S. economy’s most powerful government agency: The Fed, of course. Its decision this week to hold short-term interest rates steady was wrong, in my view; it should have lowered them because […]

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