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Rationally Thinking Out Loud
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Let’s not overcomplicate this:— Adam Schiff

by J. Jerrald Hayes | May 31, 2023 | • Politics, Economics & The Economy

Let’s not overcomplicate this: Republicans passed a $2 trillion tax cut for billionaires and corporations. And now they’re refusing to pay for it. It’s really that simple. — Adam Schiff (@RepAdamSchiff) May 22,...

Rep. Katie Porter’s Simple Analogy for Why the Debt Ceiling Doesn’t Work – YouTube

by J. Jerrald Hayes | May 28, 2023 | • Politics, Economics & The Economy

Why the 14th Amendment Is Being Cited in the Debt Ceiling Debate – The New York Times

by J. Jerrald Hayes | May 2, 2023 | • Politics, Economics & The Economy

Why the 14th Amendment Is Being Cited in the Debt Ceiling Debate Some Biden administration officials believe a constitutional clause prevents the United States from failing to make payments even if it means breaching the debt limit. Send any friend a story As a...

The National Debt and Other Red Herrings | Real Progressives

by J. Jerrald Hayes | May 15, 2022 | • Politics, Economics & The Economy, Income Inequality

The National Debt and Other Red Herrings | Real Progressives Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor....

Economics for the Clueless Scientist – How Do We Pay For It? – Stephanie Kelton and Fadhel Kaboub – YouTube

by J. Jerrald Hayes | Mar 19, 2022 | Economics & The Economy, Income Inequality, Jobs

The Most Radical Speech in Presidential History – YouTube

by J. Jerrald Hayes | Jan 11, 2022 | • Politics, Economics & The Economy, Income Inequality, Jobs

James McGill Buchanan’s terrifying vision of society is the intellectual basis of the far-right.

by J. Jerrald Hayes | Dec 9, 2021 | • Politics, Characters on the Right, Economics & The Economy, Income Inequality

What Is the Far Right’s Endgame? A Society That Suppresses the Majority. When the Supreme Court decided, in the 1954 case of Brown vs. Board of Education, that segregated public schools were unconstitutional, Tennessee-born economist James McGill Buchanan was...

Why CEO pay exploded – Robert Reich

by J. Jerrald Hayes | Nov 27, 2021 | • Politics, Economics & The Economy, Income Inequality

Why CEO pay exploded ” Grandpa, why did top executives began to get so rich in the Clinton administration when you were in the cabinet?” “For many reasons, sweetie. One of the most important was that most of their pay started to be linked to the...

Last Week Tonight With John Oliver (On Unions in America) – YouTube

by J. Jerrald Hayes | Nov 15, 2021 | • Politics, Business, Capitalism, Economics & The Economy, Jobs, Towards A Better America

The main story about the state of Unions in America starts at:...

The US was not prepared for a pandemic – free market capitalism and government deregulation may be to blame

by J. Jerrald Hayes | Nov 5, 2021 | • Politics, Donald Trump, Economics & The Economy

The US was not prepared for a pandemic – free market capitalism and government deregulation may be to blame It’s unclear when the pandemic will come to an end. What may be an even more important question is whether the U.S. will be prepared for the next...

How the Labor Theory of Value Emerges from Egalitarianism – Economics from the Top Down

by J. Jerrald Hayes | Oct 21, 2021 | Economics & The Economy, Income Inequality

How the Labor Theory of Value Emerges from Egalitarianism – Economics from the Top Down In the 1860s, Karl Marx declared that all value stemmed from labor. A century-long firestorm ensued. On its own, Marx’s claim seems innocent enough. But what made it...

Seven Ways to Transform 21st-Century Economics — and Economists – Evonomics

by J. Jerrald Hayes | Oct 18, 2021 | Economics & The Economy, Income Inequality

Seven Ways to Transform 21st-Century Economics – and Economists – Evonomics Complexity Economics matters enormously for the future, but its fundamental ideas are centuries out of date. No one can deny it: economics matters. Its theories are the mother...
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