by J. Jerrald Hayes | Sep 16, 2020 | • Politics, Economics & The Economy, Income Inequality, Jobs
The Second Great Depression At least four major factors are terrifying economists and weighing on the recovery. The American economy is reopening. In Alabama, gyms are back in business. In Georgia, restaurants are seating customers again. In Texas, the bars are...
by J. Jerrald Hayes | Jun 8, 2020 | Economics & The Economy, Income Inequality, Jobs
> You Can’t Have a Prosperous Economy Without an Entrepreneurial Government – Evonomics Capitalism Ending the state vs market myth The debate about the relative roles of the state and the market in capitalist economies tends to swing from side to side...
by J. Jerrald Hayes | May 14, 2020 | • Politics, Economics & The Economy, Income Inequality, Jobs
The neoliberal era is ending. What comes next? In a crisis, what was once unthinkable can suddenly become inevitable. We’re in the middle of the biggest societal shakeup since the second world war. And neoliberalism is gasping its last breath. So from higher...
by J. Jerrald Hayes | May 7, 2020 | • Politics, Coronavirus, Donald Trump, Economics & The Economy, Jobs
AP Exclusive: Admin shelves CDC guide to reopening country GAINESVILLE, Fla. (AP) – A set of detailed documents created by the nation’s top disease investigators meant to give step-by-step advice to local leaders deciding when and how to reopen public...
by J. Jerrald Hayes | Mar 22, 2020 | Bernie Sanders, Economics & The Economy, Elizabeth Warren
by J. Jerrald Hayes | Mar 21, 2020 | • Politics, Democracy, Economics & The Economy, Income Inequality, Jobs
Is Capitalism a Threat to Democracy? In London, in the nineteen-thirties, the émigré Hungarian intellectual Karl Polanyi was known among his friends as “the apocalyptic chap.” His gloom was understandable. Nearly fifty, he’d had to leave his wife,...
by J. Jerrald Hayes | Mar 17, 2020 | Economics & The Economy, Income Inequality, Jobs
by J. Jerrald Hayes | Mar 16, 2020 | • Politics, Economics & The Economy, Income Inequality, Jobs, On Liberalism
Why neoliberal capitalism and the common good are incompatible If the response to coronavirus has accomplished anything, it is reminding us of the basic principle of our society. I say “principle,” which is singular, because there is really only one. It is...
by J. Jerrald Hayes | Feb 26, 2020 | Economics & The Economy
A brief introduction to Modern Monetary Theory (MMT) – plus resources “Great things are possible. They are possible now, and have always been possible. But they will never happen until we stand up and demand them. We will never stand up and demand them if...
by J. Jerrald Hayes | Feb 24, 2020 | • Politics, Bernie Sanders, Economics & The Economy, Income Inequality, Jobs
Bernie Sanders’ plans may be expensive but inaction would cost much more | Robert Reich In Wednesday night’s Democratic debate, the former South Bend mayor Pete Buttigieg charged that the Vermont senator Bernie Sanders’ policy proposals would cost...
by J. Jerrald Hayes | Feb 18, 2020 | • Politics, Capitalism, Economics & The Economy, Income Inequality, Jobs, On Liberalism
This arguably one of the very best explanations I have heard for what is Neoliberalism. Economist Mary Wrenn provides an easy to understand definition of what Neoliberalism is:— “Neoliberalism is an ideology that guides a lot of economic policymaking and has done so...
by J. Jerrald Hayes | Feb 16, 2020 | • Politics, Economics & The Economy, Income Inequality, Jobs
Bankruptcy, Divorce, and Long Commutes. More Evidence That Income Inequality is Toxic – Evonomics Inequality How inequality is eroding the fabric of American life. The world is slowly reaching the conclusion that income inequality is toxic for human welfare....
