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Hobbes was right. Without the government monopoly on violence, life is nasty brutish and short.
Sean McMeekin, author of July 1914: Countdown to War, talks with Tom Streithorst about the origins of World War I.
Today America’s infrastructure is in a shambles, its educational system mediocre, its median wage lower than it was in 1973, its middle class shrinking and insecure. How did it get to this?
Few events are more central to the history of the 20th century than the First World War.
The past thirty years have been bad for workers but good for capitalists. This may be about to change.
A basic income guarantee (also called a negative income tax) will not only reignite the economy and overcome secular stagnation, it will be the salvation of capitalism.
Basic Income is the future. But if you disagree, please come up with a better idea. How else do you suggest we stimulate demand in a world that every year needs fewer and fewer workers?
Basic income may well prove to be the best tool to preserve our capitalist system. But first, progressive politicians need to educate the public that austerity is the problem, not the solution.
We generally think of consumption as indulgent and investment as serious and sober but perhaps in our demand starved world, this is an outdated prejudice.
The current economy needs consumers more than it needs workers, argues Tom Streithorst.
Creative destruction is a key feature of capitalism, and it may eventually create jobs, but it could take a while. So what should we do while we wait?
Our assumption of where power really lies in the global economy may well be out of date.
The Reagan Thatcher political economy paradigm, created thirty years ago, has reached its sell-by-date. But what is to be done?
Easy money and ultra low interest rates haven't brought the economy back up to speed. Inflation might be the only solution.
Economics is a toolkit that enables better understanding of how people live, and how societies work.
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Further comment from Ian Kelly on the problem with equity crowd-funding - http://t.co/g3R3PSDxmv
Corroding the welfare state: a look inside the Big Society - by @LisaMuggeridge http://t.co/s5xhshxinr
RT @yvessmith: Links 4/15/14: http://t.co/RyCdkSlSDn
How Not to Do Macroeconomics - by @UnlearningEcon http://t.co/RUPWoAMEdp
Rising car sales in the US do not necessarily mean the economy is thriving - http://t.co/Ny3EQCq0HV