Greece Economy 2012: Why U.S. Politicians Are Quiet About Europe’s Meltdown

venus de milo

Shamus Cooke: Working people in the U.S. need to learn to speak Greek, and adopt an increasingly popular slogan that rejects austerity measures: Tax the Rich!

Can Krugmanomics Be Saved?

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Steven Hill: So according to Krugmanomics, taking on too much debt is not the problem – it’s not being able to pay the debt that is the problem. And Krugman’s solution, apparently, is to be able to depreciate your currency and/or default on your debts, leaving the creditors holding the bag.

Why It’s Foolish to Weaken the Dollar to Create Jobs

bread dollar

Robert Reich:I keep hearing the only way we’re going to get jobs back any time soon is with a weak dollar. Baloney.

Europe’s Challenge: “Out of Many, One”

european map

Steven Hill: Perhaps the challenge for Europe is to reinvent what “union” means, fashioning suitable institutions for the 21st century.

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