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Tag Archives: Paul Krugman
Piketty discovers America or vice versa
Piketty describes the growth of U.S. and World inequality with unique large data resource. Our review of Capital In The 21st Century The French economist Thomas Piketty published the French edition of his new book Capital In The Twenty-First Century … Continue reading
Can we stop using slave labor?
Bangladesh disasters highlight – humans should not be treated as throwaway machines. Can we do something about this? Reports say that U.S. retail companies who traffic in cheap commodities from Bangladesh have refused to help the families of the nearly … Continue reading
Posted in Economics
Tagged Bangladesh, Dov Charney, garment workers, Paul Krugman, Rana Plaza collapse, Right-tariff, Slave users, Steven Greenhouse, Tazreen fire
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Inequality, Luddites and Paul Krugman
How can we maintain social stability when the highly educated are as likely as the poorly educated to become obsolete by disruptive technology? Paul Krugman published his 2013 Jun 14 OpEd Essay Sympathy For The Luddites in the New York Times. It is … Continue reading
Posted in Economics
Tagged education debt, inequality, Luddites, new york times, Paul Krugman
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Open Letter to the OFES of the DOE
63 young fusion energy research professionals plead with the D.O.E to not end fusion research in America. The American Physical Society pleads for public support of physics research in general. The fate of American research will be decided in the … Continue reading
Offshoring and Outsourcing are good — Brooks
“Offshoring and outsourcing has been good for American productivity.” So says New York Times David Brooks, in his 2012 Jul 16 essay (published Tuesday, Jul 17, in the NYT Op-Ed section). This is in direct confrontation to Paul Krugman’s July … Continue reading
Posted in Economics
Tagged David Brooks, economy, Keynsian economics, new york times, offshoring, outsourcing, Paul Krugman
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Elite Deserve What They Get – Income Inequality 3
Some say income inequality in the U.S. is neither unjust nor dangerous, but the purest form of American fairness. Our elite deserve all they get. This is a follow-on post to our main discussion in Zero Sum Games. Our Deserving … Continue reading
Posted in Economics
Tagged bryan york, diane rehm, income inequality, job creation, Paul Krugman, upward mobility
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Social Inequality – Zero Sum Games
Income shifts out of lower incomes into the upper levels, in a kind of zero sum game There has been an unusual stir in the recent news about the increase of income inequality in the United States. Wealthy households are … Continue reading
Posted in Economics
Tagged income inequality, inequality, James Steewart, median income, new york times, Paul Krugman, Robert Reich, Saez, Wealth
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Light Switch or Thermostat?
Over the past month or so Wisconsin Gov. Scott Walker demonstrated how people like to view issues as a choice between opposites. The new Republican governor there thinks that unions are bad, not indeterminate, and certainly never good. He … Continue reading
Posted in Economics
Tagged choices, decision making, Paul Krugman, Scott Walker, Unions, Wisconsin
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Does a Gold Standard make sense?
Last week (2011 Feb 06-12) the question of backing the US dollar with something of value rose up yet again. Last Tuesday, Paul Ryan (Rep. WI) asked (or rather lectured) Ben Bernanke why the price of gold was rising, or … Continue reading
Posted in Economics
Tagged dollar backing, dollar denomination, gold, Paul Krugman, Paul Ryan, silver
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