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The Day Wall Street Exploded

The Day Wall Street Exploded

By Beverly Gage
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Tag: Public Debt


west.m (CC BY 2.0)

Will the Harvard Austerity Error End Economic Sadomasochism?

“It seems unlikely,” anthropologist and author David Graeber writes. “After all, as I and many others have long argued, austerity was never really an economic policy: ultimately, it was always about morality.”

Posted on Apr 22, 2013 READ MORE


Massachusetts Economists Discredit Influential Austerity Study

Economists from the University of Massachusetts appear to have debunked a Harvard paper that right-wing politicians have used to push economic austerity policies. The challengers explain where the Harvard economists went wrong in an interview with The Real News Network.

Posted on Apr 19, 2013 READ MORE



kenteegardin (CC BY-SA 2.0)

Debt Is the Problem

It’s not the kind created by government spending on social programs, however, economist Michael Hudson says.

Posted on Mar 15, 2013 READ MORE



ell brown (CC BY 2.0)

Money for the People: Comedian Grillo’s Populist Plan for Italy

Default on the public debt, nationalization of the banks, and a citizen dividend could save the Italian economy.

Posted on Mar 7, 2013 READ MORE


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