Why Free-Market Economics is a Fraud

by Ian Fletcher Real World Economics Review (December 18 2011) If there's one thing everyone in America knows, it's that free-market economics is true and free markets are best. After all, we're not communists, are we? They starved and lost the Cold War because they believed otherwise. And their watered-down European cousins the socialists? More … Continue reading Why Free-Market Economics is a Fraud

Pentagon gets the go-ahead for offensive cyberwars

OpEdNews.com (December 22 2011) Within the 680 pages of the Congress-approved National Defense Authorization Act for Fiscal Year 2012 are a lot of provisions that the American public might be peeved over if they could comb through all the contents. In addition of establishing the ability for the president to detain and torture his own … Continue reading Pentagon gets the go-ahead for offensive cyberwars

Corporate Nihilism and the Roots of War

Involuntary Selective Service for All by T P Wilkinson CounterPunch (Weekend Edition, December 2 to 4, 2011) Would conscription make the problems of today's US/ NATO wars more visible and repulsive to populations who seem to have no grasp of the destruction their military wreaks on the world? There are many who have argued that … Continue reading Corporate Nihilism and the Roots of War

Modern Money Blog Number Twenty Eight – Responses

Government Spending with Self-Imposed Constraints Responses to Comments on Blog Number Twenty Eight by L Randall Wray New Economic Perspectives (December 21 2011) Comments are thankfully few and I already dealt with some of them. I doubt there will be many readers this week, but here we go: Q1: Is it possible to show these … Continue reading Modern Money Blog Number Twenty Eight – Responses