The Radford Free Press – Page 149 – All life is problem solving.

Economics / austerity, economic policy, economic theory, government spending, growth, inequality /

History Lessons

March 17, 2014

History repeats itself. Cliche. Truth. Or, perhaps, we repeat history. That seems to be the lesson I am learning as I continue to delve into the darker corners of inequality, which is, undoubtedly, the issue of our age. Before I go any further I have to note – it is relevant – Paul Ryan’s extraordinary […]

Economics / austerity, economic policy, Federal deficit, government spending, Republicans /

Federal Deficit

February 27, 2014

What will the Republican party do now? In case you missed it, we learned today that the Federal deficit has now shrunk back to $680 billion, the level it was in 2008. That means it dropped over $400 billion, or about 37%, in 2013 alone. This is the most aggressive budget correction in US history, […]

Economics / economic policy, economic theory, inequality /

Inequality

February 27, 2014

I am preparing a talk on inequality here in America, and so have been re-reading the Piketty and Saez work. Amongst the more eye-opening facts I have come across is the assertion, by Saez, that the surge in the top 1% incomes is so large that the growth of the bottom 99% amounts to only […]

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