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Tag: Chicago School


kevin dooley (CC BY 2.0)

The Secret of Modern Monetary Theory

Leaving the gold standard in 1971 meant the U.S. was free to manage its money supply to prevent deflation and “truly damaging levels of inflation.” But mainstream economists, led by the free-market Chicago School, have ignored this fact, leaving the public’s fate to the caprices of markets for decades.

Posted on Mar 20, 2013 READ MORE


‘NOVA’: Mind Over Money

Groundbreaking research in behavioral economics may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry—not rational self-interest—play a deciding role in how we spend, save and invest.

Posted on Mar 17, 2012 READ MORE



Flickr / juicyrai

Waving the ‘Anarcho-Capitalism’ Flag

It’s a theory that seeks the removal of government oversight from any and all economic and social activity, which has been steadily adopted by legislators and policymakers on the right, and some on the left, for the past three decades, and tea partiers may actually be opposed to it. (more)

Posted on Jul 18, 2011 READ MORE



Flickr / GregPC

Eyeing the 2012 Race, Obama’s Top Regulator Cozies Up to Business

In a time of critical problems such as climate change and high unemployment, Barack Obama’s regulatory czar is busy trying to secure the president’s re-election by indulging the anti-regulatory appetites of gluttonous corporations, according to a report by Dan Froomkin.

Posted on Jun 13, 2011 READ MORE


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