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Distribution of Wealth: Reality vs. Ignorance
Americans of all persuasions, right and left, progressive and conservative, apparently actually want the same distribution of wealth. We want to be like Sweden. Yes, the “socialist” Sweden. But, we...
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Leadership FAIL: Again
This time I’ll outsource the job to Paul Krugman at the New York Times. I don’t always agree with Paul, but he’s spot on with this. The Obama administration never misses an opportunity to miss an...
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Social Security: Will It Be There? Presentation
I’m giving an open lecture/presentation at the college today on the future viability of Social Security and the crisis rhetoric surrounding it. It’s available to view or download here: Powerpoint file...
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RIP: Efficient Markets Hypothesis – 70% of stock trades last 11 seconds or less
One of the economic theories that dominated a mainstream economic theory during the last few decades is Efficient Markets Hypothesis. Essentially, an important part of the concept is that asset...
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Poorer Boomer Retirees: Macro Implications of Proposed Pension and SS Benefit...
In many political circles this year, a mantra has emerged: we cannot afford the public sector pension plans and we cannot afford Social Security – we must cut the future benefits. For example, George...
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The GM Tale
Earlier this week General Motors, the new post-bankruptcy GM, issued it’s Initial Public Offering. Initial signs are very encouraging in several ways, which I’ll describe. But first let’s take a...
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Home Foreclosures – Write Your Attorney General
I support this from Yves Smith at Naked Capitalism. The law must be upheld. Fraud is fraud. It is not “paperwork glitches” or “snafus” or “correctable errors”. It has been the policy of the banks and...
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Gov. Rick Snyder Invokes the Magic Job Genie
The mantra of Republican governors (and in Congress) has been that taxes must be cut in order to create jobs. In previous posts I’ve dealt with the confusion about how federal level changes income...
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Too Big to Fail Should Be Too Big to Exist
Against Monopoly has a great graphic that shows a big part of the problem with our financial sector and our economy. How the Too Big To Fail Banks Got So Big The four banks shown above are the four...
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Is “Right to Work” About Freedom?
It’s Rick Snyder’s incredible flip-flop here in Michigan on so-called “Right to Work” legislation and his claims that it’s about “freedom” that brings me back to blogging. Lately I’ve been getting...
View ArticleBig Food, Big Gov, Little People
Note: These are my notes from my presentation/discussion at the LCC Centre for Engaged Inclusion today and also for use in my Comparative Systems class. If embedded slides don’t display, use this link...
View ArticleAn Economics of Polarization
This post is a response to yesterday’s discussion in Davidson Now’s pop-up MOOC, “Engagement in a Time of Polarization”. The key provocation for the discussion was Chris Gilliard’s great essay...
View ArticleWhat’s the LMS Worth?
Herein, against my better judgement, I wade into the Great Instructure social media wars of 2019. ... The announcement triggered a great deal of, let's call it discussion, on social media,...
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