Walter Moss: Nobel-Prize-winning economist Joseph Stiglitz’s The Price of Inequality: How Today’s Divided Society Endangers Our Future (2012) demonstrates how and why our present economy and government are a mess and how they have increased inequality, including widening the opportunity gap.
What: Power to the People Screening Series – All LA Occupy-ers and activists welcome (FREE) When: November 11, 15, 16, & 22 Where: The Last Bookstore (453 So. Spring St, Downtown L.A.) Why: To show support for the 99% protesting in Los Angeles (and across the world) against the inequities in our economic system caused […]
Carl Bloice: Obviously, there is nothing demographically representative of the Gang of 12. It’s hardly democratic; but then, there is nothing particularly democratic about the whole setup.
Sherwood Ross: It’s been estimated the Iraq war, besides making that country pretty much unlivable, will flush $3 trillion in U.S. taxpayer dollars down the Pentagon drain.
Tom Hayden: It is time for our most prominent liberal economists to broaden their analysis of the domestic crisis to include spending for these unfunded wars. Only Joseph Stiglitz has done so.
Joseph Palermo: The financial reform legislation currently winding its way through the Congress is a step in the right direction but it retains too much of the status quo that brought down the economy in the first place. The key problem, as many economists have been telling us, is that the top financial institutions remain “too big to fail.” Congress can enact all the regulations it wishes but even the best written rules won’t be enough to prevent another financial meltdown.
What’s the true cost of the war in Iraq? The total, long-term cost of everything from tanks and jet fuel and the interest on the money Washington is borrowing to the cost of caring for a double amputee for 40 years? It’s probably a lot higher than you think, but try about $3 trillion. That’s […]