Economics professor Richard Wolff appeared on Democracy Now on Monday. He gave Bill O’Reilly an intellectual smack down. Bill O’Reilly in his “Talking Points Memo” said: Bill O’Reilly: Greece, Italy, Spain, Portugal, Ireland, now Cypress, all broke. And other European nations are close. Why? Because they are nanny states. And there are not enough workers […]
On January 6th Paul Krugman wrote a piece (The Big Fail) every Right Wing politician and every myth based economist should read. It was expected that at this year’s American Economic Association meeting, that they would be discussing about the success of the slump ending. Instead, they are still talking about the ongoing slump. This […]
The following article by Professor of Economics Emeritus Richard D. Wolff is excellent. In simple words he details the real cause of the 2008 depression as well as the reasons we are unable to climb out of it. He provides the solution which is easier than one would think. I posted a similar blog yesterday, […]
Richard Wolff gives one of the most informative pieces of our economic dilemma.