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Steve Fraser: Beyond the Bailout State
Published December 2, 2008, 1:55 pm, HuffingtonPost
Instead of embracing a sense of adventurousness, a readiness to break with the past so enthusiastically promoted during the campaign, Obama seems overcome with inhibitions and fears.
Moving back to socialism?
Published December 2, 2008, 1:20 pm, The Japan Times
The "ism" enthusiasts are out in force again. These are the analysts and commentators who see everything in strictly ideological terms of socialism versus capitalism, more state control versus less state control. Just now they are all convinced that the pendulum is swinging toward state control, that free-market capitalism is discredited and that a new era of state socialistic dominance is being ...
Beyond the Bailout State
Published December 2, 2008, 11:49 am, Baltimore Chronicle & Sentinel
On a December day in 1932, with the country prostrate under the weight of the Great Depression, ex-president Calvin Coolidge -- who had presided over the reckless stock market boom of the Jazz Age Twenties (and famously declaimed that "the business of America is business") -- confided to a friend: "We are in a new era to which I do not belong."
Beyond the Bailout State
Published December 2, 2008, 12:57 am, Middle East Online
The American way of life, including its economy of mass consumption, has depended on maintaining the country's global preeminence by any means possible: economic, political, and, in the end, military, says Steve Fraser .
Deconstructing the Paradox of Thrift
Published December 1, 2008, 7:19 pm, The Tech
By Keith Yost It’s “recessiontime” in America. The sweet scent of bailout is in the air, the auto companies are performing their courtship rituals in Congress and the bears are frolicking in the marketplace. This is the time of year when a young economist’s fancy turns to thoughts of financial stimulus … BIG financial stimulus.
Who were the original $1-a-year men?
Published December 1, 2008, 12:05 pm, The Globe and Mail
And, how the NBER decided the U.S. is in recession
Opposition agrees to coalition with Dion as PM
Published December 1, 2008, 11:16 am, CTV Winnipeg
In a historic political move, the leaders of the Liberals, NDP and the Bloc Quebecois signed a formal agreement Monday to topple the Tories and co-operate as a coalition government for at least 18 months.
Media Hype
Published December 1, 2008, 8:06 am, Kitco.com
Man is a social animal, and in any human society there is a great deal of pressure on any one human being to have the same opinions as his fellows. Before the Reformation, this took the form of torturing to death anyone who dared to express an opinion different from the prevailing orthodoxy.
Bright's Blog
Published December 1, 2008, 5:27 am, The New Statesman
I had the pleasure of speaking at the final plenary session of the Progress conference yesterday. The subject of the discussion was “The End of Ideology: What’s the Left For?” and it was a lively debate.
Dropping cash from helicopters? Just about
Published November 30, 2008, 9:05 pm, Concord Monitor
We are all Keynesians now. That was Richard Nixon's famous line from 1971 after announcing that he had taken the United States off the gold standard, a day that will live in infamy for monetarists still among us.
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