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....
by J. Jerrald Hayes | Feb 16, 2020 | • Politics, Economics & The Economy, Income Inequality, Jobs
by J. Jerrald Hayes | Feb 15, 2020 | • Politics, Bernie Sanders, Economics & The Economy, Income Inequality, Jobs, The 2020 Presidential Race, The Democrats
By Paul Krugman Opinion Columnist Feb. 13, 2020 Opinion | Bernie Sanders Isn’t a Socialist Maybe Buttigieg is unaware of the growing consensus among mainstream economists that the deficit hysteria of seven or eight years ago was greatly overblown. Last year the...
by J. Jerrald Hayes | Feb 13, 2020 | • Politics, Bernie Sanders, Economics & The Economy, Income Inequality, Jobs, The 2020 Presidential Race, The Democrats
by J. Jerrald Hayes | Feb 12, 2020 | Economics & The Economy
by J. Jerrald Hayes | Feb 11, 2020 | Economics & The Economy, Income Inequality, Jobs
How We Think About the Deficit Is Mostly Wrong… I don’t think running a deficit is necessarily bad. I don’t think the size of the U.S. debt is a danger. Convince me I am wrong. This video helps explain my...
