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Dereliction of Duty At The Fed And Inside Congress

The Federal Reserve and its chairman, Ben Bernanke, should not be allowed to get away with what they did on Wednesday. What they did at the end of their Open Market Committee meeting was to essentially throw up their hands in the face of their legal responsibility to...

Public Educations Shock Doctrine Summer Rolls Out

As American public education arrives at the summer of its discontent, we have to contemplate how a system that has already had over 201,600 jobs wrung from its payrolls since August 2008 will handle the prospect of having to shed nearly a quarter of a million more...

Its Walmarts World Pt 1

It's Walmart's world, and the rest of us are just living in it. That seems to be the take away from the Supreme Court's ruling in Duke v. Walmart. The court ruled on a narrow aspect of the case, but the decision has broad and foreboding implications for workers,...

Sealing the Debt Deal

January 2011: At the House GOP retreat in Baltimore, "Majority Leader Eric Cantor (R-Va.) delivered a stern message that the debt ceiling will eventually have to be raised to keep the government from defaulting. But he also promised that Republicans will 'use the...

The Difference Between Civil Libertarians And Selfish Jerks

This piece in Slate about libertarian philospher Robert Nozick has engendered quite a bit of online chatter and it's very much worth reading if you are interested in the intellectual underpinnings of that side of our economic debates. There are lots of responses...

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