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Tag Archives: economy
The 2008 Financial Crisis Will Happen Again (Probably In The 2020s)
Forty reasons: Risk-taking alpha males. Coke using. Hookers. Nihilism. Amorality. The rich will turn their backs on society. Emotional blackmail: “You need us! Without us the economy will crash!” Abusers of the financial system will have well-prepared lawyers. The culture … Continue reading
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Tagged America, banking, corruption, critical thinking, economy, financial sector, inside job, investment
7 Comments
Why I Favor a Minimum Wage of $12.50
Because $12.50 translates to just $500 dollars for a 40 hour work week ($2000 a month; $24,000 a year). Combine this minimum wage with Obamacare subsidies for health care, and you’ve got every full-time worker in the U.S. with a … Continue reading
Human Beings are “Purpose Maximizers, Not Profit Maximizers”
Autonomy, mastery, and meaning are bigger motivators than money. Author Dan Pink explains:
Posted in Uncategorized
Tagged autonomy, economy, mastery, meaning, productivity, psychology, skills
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Invoke the 14th Amendment: Sean Wilentz’s Must-Read Advice to President Obama
Sean Wilentz, a Princeton historian, has written for the NYT today an absolutely must-read essay on the looming debt default crisis, how it would violate the 14th Amendment to actually let the country go into default, and what President Obama … Continue reading
Posted in Uncategorized
Tagged 14th amendment, debt default, economy, john boehner, Michelle Obama, Obama, Republicans, rush limbaugh, Ted Cruz
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Kill Obamacare or Republicans Will Default on the Debt and the Global Economy Will Die!
Historian Anne Applebaum bottom-lines Republican hostage-taking: Obamacare is the law, as confirmed by the executive, legislative, and judicial branches of our political system. A portion of one of those branches is therefore not now legally or morally empowered to change that … Continue reading
Posted in Uncategorized
Tagged America, debt default, economy, obamacare, Red State, rush limbaugh
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Atlas Shrugged for Real: Republicans Seek an Economic Shutdown to Achieve Their Agenda
The Atlas Shrugged Party looks like it’s barreling full-tilt to an economic shutdown–an Atlas Shrugged scenario for real–in a couple of weeks, and here’s Jon Favreau’s advice to President Obama: [A] failure to raise the debt limit would inflict far more … Continue reading
Posted in Uncategorized
Tagged America, debt, deficit, economy, Obama, Red State, Republicans
3 Comments
Republicans Want to Shut the Government Down
They can barely contain themselves. In fact, they’re flush about it. This was in The New York Times yesterday: The mood in the Capitol on Saturday, at least among Republicans, was downright giddy. When Republican leaders presented their plan in a … Continue reading
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Tagged America, economy, obamacare, Politics, Red State, Republicans, rush limbaugh
14 Comments
Woody Allen’s “Blue Jasmine” with Cate Blanchett in a Blanche DuBois Echoing Role
Woody Allen continues his staggering productivity as a writer and director. His latest film, Blue Jasmine, is getting rave reviews, such as this from David Denby at The New Yorker: Woody Allen, in his startling new movie, “Blue Jasmine,” has adopted … Continue reading
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Tagged comedy, economy, film, life, literature, movies, rich and poor, tragedy, woody allen
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Contemporary Life in Perspective
A stunning statistic (via Bloomberg Businessweek): The global median income is around $3 to $4 a day. That means that half of the world’s population lives on less than that. Here’s another stunning statistic (from the same source): According to … Continue reading
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Tagged Big Data, economy, poverty, statistics, the future, trends
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A Fringe Environmentalist Speaks
Welcome to the politics of resentment from the left instead of the right; Christianity by other means; what Nietzsche called slave morality. What strikes me here is how similar Charles Eisenstein sounds to right-wing apocalyptic crackpots who salivate to predictions of … Continue reading