Why Don’t People Want Full Employment?

Michal Kalecki's Essay on Politics and Ideology First published in Political Quarterly in 1943 http://neweconomicperspectives.org (August 01 2012) I 1. A solid majority of economists is now of the opinion that, even in a capitalist system, full employment may be secured by a government spending programme, provided there is in existence adequate plan to employ … Continue reading Why Don’t People Want Full Employment?

Government Officials Steal Man’s Home Over $8.41 In Unpaid Taxes

The unconstitutional practice of home equity theft has allowed individuals to be stripped of their property without fair compensation. by Brittany Hunter The Foundation for Economic Education (July 24 2019) Zero Hedge (July 28 2019) https://pacificlegal.org/wp-content/uploads/2017/11/Foreclosure-3-780x500.jpg For three years, the pair scrimped and saved in order to fix up the four-unit property. On the weekends, … Continue reading Government Officials Steal Man’s Home Over $8.41 In Unpaid Taxes

How the Government Can Steal Your Stuff

Six Questions about Civil Asset Forfeiture Answered by Nora V Demleitner The Conversation (July 26 2019) Naked Capitalism (July 27 2019) 1. What Is Civil Asset Forfeiture? Civil asset forfeiture laws let authorities, such as federal marshals or local sheriffs, seize property - cash, a house, a car, a cellphone - that they suspect is … Continue reading How the Government Can Steal Your Stuff

MMT Primer – Blog #23 Responses

Sovereign Debt Limits by L Randall Wray http://neweconomicperspectives.org (November 10 2011) Thanks for comments and apologies for being late. I just returned from Rio. And lest you think I was just tanning on the beach, I was actually indoors at a conference - underground, no less. Rather than repeating the questions, let me just summarize … Continue reading MMT Primer – Blog #23 Responses

Wray: MMT Primer – Blog #23

The Debate About Debt Limits (US Case) by L Randall Wray http://neweconomicperspectives.org (November 07 2011) This week we will look at a "special case", and one that preoccupied Washington recently. As we know, governments spend by keystrokes that they can never run out of - a sovereign government that issues its own currency through keystrokes … Continue reading Wray: MMT Primer – Blog #23

America’s Collapse: #1 in a Series

by Paul Craig Roberts https://www.paulcraigroberts.org (July 25 2019) Readers aware that I, and Dmitry Orlov, have been chronicling America's rapid decline ask me, "where did it all begin?" To answer that question would require a massive history such as Jacques Bazun's From Dawn to Decadence: 500 Years of Western Cultural Life (2001). All I can … Continue reading America’s Collapse: #1 in a Series

US “Downs” Legitimacy …

... after Claims of Downing Iranian Drone by Tony Cartalucci New Eastern Outlook (July 19 2019) https://journal-neo.org/wp-content/uploads/2019/07/14TM.jpg The US boasted of downing an Iranian drone over the Strait of Hormuz, admittedly in international waters, just miles off Iran's coast, and thousands of miles from Washington. It claims the drone was "threatening" a US amphibious assault … Continue reading US “Downs” Legitimacy …