Johnny Townsend: Trying to recover from all the damage caused by water pollution and carbon emissions and other toxins will cost the country a great deal more than the short-term profits waiting to be made now.
Ron Wolff: I can’t help thinking what the “deregulation contingent” of political thinkers would do about the situation in Bell, California, where a corrupt city council, in collusion with a city manager accused of criminal activity, raped the treasury of millions of dollars by paying themselves excessive salaries, sometimes for meetings that lasted only a few minutes.
Why do economic downturns catch experts unawares? Even more intriguingly, why do they defy analysis after they’ve happened? Neither economists nor financiers can agree on why the world’s economies are in free fall today. More than 70 years later, there’s still no agreement on what caused the Great Depression. Not even in hindsight does consensus [...]