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October 6, 2015
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Africa’s World War

Africa’s World War

By Gerard Prunier

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Tag: Gerald Friedman

Don’t Let The Wall Street Journal Scare You Away From Bernie Sanders’ Budget Proposal

One of the authors of a study that the Murdoch-owned rag used this week to try to scare voters into believing the progressive candidate’s federal budget proposals would be prohibitively expensive says that in actuality the Sanders plan would cost the country far less than what it would normally spend.

Posted on Sep 17, 2015 READ MORE

kevin dooley (CC BY 2.0)

The Investment Crisis Midwifing the Ongoing Recession

Investment in what experts call “real inputs”—structures and machines that enable and boost future output and productivity—is one way an economy grows over time. No wonder, then, that an economic crisis occurred just decades after the share of national income going to investment began declining during the start of the neoliberal era, around 1980, UMass-Amherst professor Gerald Friedman writes in Dollars & Sense.

Posted on Aug 9, 2013 READ MORE

artist in doing nothing (CC BY-SA 2.0)

Three Economic Myths Busted

As a share of national income, federal spending peaked during the Reagan administration; spending has increased only half as fast under President Obama as under President Bush; and declining revenues, not rising spending, accounts for the swelling federal deficit overseen by the Bush and Obama administrations.

Posted on May 31, 2013 READ MORE

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