The last letter of a blacklisted economics professor: “While we had correctly criticized the previous mainstream view that politics involved benevolent efforts to serve the common good, we had failed to apply the same rigor to the community of academic economists.” (Satire) Banned in r/Economics. (reddit.com)
submitted ago by winstonsmith to economy
The last letter of a blacklisted economics professor: “While we had correctly criticized the previous mainstream view that politics involved benevolent efforts to serve the common good, we had failed to apply the same rigor to the community of academic economists.” (nakedcapitalism.com)
submitted ago by winstonsmith to Economics
In spite of seemingly unanimous bipartisan support, a senator anonymously killed the Whistleblower Protection Enhancement Act by placing an anonymous hold on the bill. Only 5 senators have yet to deny the deed: David Vitter, Jeff Sessions, James Risch, Mitch McConnell, Jon Kyl. (wnyc.org)
submitted ago by winstonsmith to Corruption
Awareness of poverty over three centuries (voxeu.org)
submitted ago by winstonsmith to history
The specious logic of Wall Street pay: When things go well it's because the Masters of the Universe are doing work that supports the economy and justifies their pay, but when there's a crisis it's “caused by a confluence of economic, political and historical factors.” (nakedcapitalism.com)
submitted ago by winstonsmith to greed
Kenneth Feinberg, the man in charge of the the $20 billion BP settlement fund, presents himself to victims of the spill as an independent mediator while his firm gets $850,000/month from BP. Finally a judge has ruled that he promotes BP's interest and can no longer present himself as independent. (bloomberg.com)
submitted ago by winstonsmith to environment
Kenneth Feinberg, the man in charge of the the $20 billion BP settlement fund, presents himself to victims of the spill as an independent mediator while his firm gets $850,000/month from BP. Finally a judge has ruled that he promotes BP's interest and can no longer present himself as independent. (bloomberg.com)
submitted ago by winstonsmith to news
The Great British austerity experiment (guardian.co.uk)
submitted ago by winstonsmith to Economics
A Saskatchewan farm couple whose land lies over the world's largest carbon capture and storage project says greenhouse gases seeping from the soil are killing animals and sending groundwater foaming to the surface like shaken soda pop. (winnipegfreepress.com)
submitted ago by winstonsmith to environment
The FCIC was set up to fail. No one in the officialdom wants the mechanisms of the crisis to be exposed in full. It would compromise too many influential people and restoke well warranted public ire about the bailout of a miscreant financial services industry and its ongoing extractive behavior. (nakedcapitalism.com)
submitted ago by winstonsmith to greed
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