The Congressional Budget Office (CBO) thinks putting off efforts to reduce carbon dioxide emissions risks “catastrophic” losses for the United States’ economy and society. That’s according to a new report on the economic and environmental effects of a carbon tax CBO published Wednesday. Show More Summary
A new study from disruptive economics guru Clayton Christensen's think tank gives more clarity into how online learning could shape the future of education.
Sponsored Post A new economic model is emerging as the millennials are thinking smart about ways to make money on everything they own.
By Tim Price, originally published on Next New Deal
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Four Better Ways to Spend the $55 Million Wasted on Votes to Repeal the Affordable Care Act (Think Progress)
House Republicans will...Show More Summary
A string of less than impressive data out of China has raised concerns about Chinese economic growth.
A new Bank of America fund manager survey shows that one in four investors thinks a Chinese hard landing is the biggest tail risk.Show More Summary
INET and the Center for International Governance Innovation are seeking grant applications for research grants on new thinking on economic issues.
New York Times: Economists See Deficit Emphasis as Impeding Recovery.Ha ha YA THINK?If only there had been people who had the foresight to warn for years that the bullshit emphasis on deficit reduction in the middle of an economic crisis would be a garbage disaster!I mean, people who aren't dirty hippies, obviously. Show More Summary
Does marriage equality mean economic prosperity? Rhode Island Gov. Lincoln Chafee thinks so. In an op-ed in The New York Times titled “Why I Am Signing Marriage Equality Into Law,” Chafee goes beyond the usual “I believe in equality” argument to say that it’s an economic imperative to support marriage. “Rhode Island was badly battered [...]
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Remember how Ron Paul said he only wrote the economic parts of his newsletters and the racist bits were written by someone else? Except then when the newsletters were challenged because they also had whacko...Show More Summary
(1) Oligarchs on the Titanic: Via Naked Capitalism, this clip of Robert Johnson of the Institute for New Economic Thinking (watch the video or read the transcript, which follows the video), with the striking metaphor of oligarchs staring into each … Continue reading ? The post Oligarchs, BAdidas Victory, Retirement Scam, etc. appeared first on Dollars & Sense Blog.
Just when I think there aren't enough reasons to disdain Larry Summers he goes out his way to create new ones.
Last week Summers said it was a good thing America didn't adopt a universal health care system in the 70's. When Ezra Klein challenged him to defend this statement Summer could only provide confusing nonsense that got all the basic facts wrong. From Wonkblog:
Clip from Robert Johnson, dormer Senate Economist, Executive Director of the Institute for New Economic Thinking, and a Senior Fellow and Director of the Global Finance Project at the Roosevelt Institute, and transcribed by The Transcriber, who added commentary. Show More Summary
A new study reveals that one of the most cited economic principals regarding GDP and debt is most likely based on a "sloppy Excel coding error." According to a 2009 book by Carmen Reinhart and Kenneth Rogoff, This Time It's Different, countries with a high debt to GDP ratio have slow economic growth. Show More Summary
By Keith Springer: Sometimes it's just better to be lucky, rather than good. That's where the U.S. is right now. With our markets reaching new highs, you would think we are in the middle of a raging economic boom with low unemployment, modest inflation, and people spending money like there's no tomorrow. Show More Summary
Yves here. I'm overdue for a post on the propagandizing against Cyprus. Black describes one element of this barrage. By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Show More Summary
In Part I of this essay, I argued that we need a new way of thinking about utopia that is appropriate to today’s modernizing progressive coalition. That approach should start by embracing new findings on human nature and economics that provide the basis for an expansive vision of humanity’s future (see related posts here and [...]
Originally published on Next New Deal
Is it already time to weaken Dodd-Frank? (WaPo)
If you think that Wall Street doesn't do anything risky anymore and learned its lesson from the crisis, you might answer yes. But Roosevelt Institute...Show More Summary
By Tim Price, originally published on Next New Deal
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Day of Greed (Harper's)
Roosevelt Institute Senior Fellow Jeff Madrick responds to critics who think it's an exaggeration for himShow More Summary
A new app called Urban World beautifully projects how cities around the world are going to explode in growth and economic power by 2025. Think of the world’s biggest, most important cities and you probably picture London, New York, Beijing, Singapore--the bustling cities of today. Show More Summary
By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Jointly posted with New Economic Perspectives MSNBC persists in running a pro-austerity line by falsely presenting Paul Krugman as a isolated opponent of economic malpractice.