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“Labor Day” Links: Rand Wilson, Steve Early, Jeannette Wicks-Lim

(1) Jeannette Wicks-Lim on the Real News Network.  Frequent D&S author and staff economist at the Political Economy Research Institute, Jeannette Wicks-Lim, in an interview back in 2009 about the coming low-wage future. The email today...Show More Summary

Ag Economy; Policy Issues; Immigration; Climate; and, Political Notes- Monday

Agricultural Economy Tom Meersman reported over the weekend at the Minneapolis Star-Tribune Online that, “The prospect of a bin-busting crop has driven corn prices to their lowest levels in four years and raised fears of a prolonged slump for crop farmers in Minnesota and elsewhere. “After three years of profits, analysts are calling 2014 a break-even year, at […]

Henry Kissinger on the Assembly of a (New) New World Order

The clash between the international economy and the political institutions that ostensibly govern it also weakens the sense of common purpose necessary for world order. The economic system has become global, while the political structure of the world remains based on the nation-state. Show More Summary

Capital Journal Daybreak: Obama Cools Talk of Strikes Against Islamic State | Romney’s Resurgence | Politics of An Unclear Economy

The Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.

Video: The Politics of an Unclear Economy

As the summer comes to a close and the election season heats up, U.S. economic data remain muddled. WSJ's Sudeep Reddy explains how Democrats and Republicans may use this information to communicate to voters on the health of the economy.

Farm Bill; Ag Economy; Regulations; Immigration; and, Political Notes- Friday

Farm Bill- Policy Issues Chris Clayton reported yesterday at DTN that, “Dairy farmers can sign up for the new federal Dairy Margin Protection Program starting Tuesday, Sept. 2. “The Market Protection Program is an insurance option for dairy farmers that is being run through the Farm Service Agency. The Margin Protection Program will pay indemnities to farmers […]

Mehrotra: The Intellectual Roots of An Economic Interpretation of the Constitution

Ajay K. Mehrotra (Indiana), Charles A. Beard & The Columbia School of Political Economy: Revisiting the Intellectual Roots of the Beardian Thesis, 29 Const. Comment. 475 (2014): A century after it was first published, Charles A. Beard’s An Economic Interpretation of the Constitution remains a significant and controversial part of...

Has the Consumer Finally Defeated the Worker?

PARIS -- The tide of the battle that has been playing out for nearly two centuries between the economy and politics, between market forces and democracy, between capitalism and the state, is now turning decisively in favor of the market. Show More Summary

France's new economy minister sparks storm over '35-hour' law

4 days agoNews : The Newsroom

France's new economy minister touched off a political storm Thursday, only one day into the job, with comments made before he was appointed about the controversial "35-hour" labour law. Emmanuel Macron, a former Rothschild banker and...Show More Summary

North Carolinians are a grumpy group

New polling data from Gallup depict North Carolina voters as trending Republican and bearish on the economy, President Obama and state government. The data, released Wednesday, confirm what most N.C. political observers have known for some time: The crucial U.S. Show More Summary

Capital Journal Daybreak: Islamic State Fills Coffers From Illicit Economy | FBI Probes Possible Hacking Incident at J.P. Morgan | Senate Map Keeps Shifting

The Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.

Regulations; Ag Economy; Climate; Immigration; and, Political Notes- Thursday

Regulations Todd Neeley reported yesterday at DTN that, “Farm groups are using mapping technology in their latest effort to block EPA from finalizing new regulations under the Clean Water Act. “A map of the state of Iowa virtually is covered in red — a color that has agriculture groups burning mad at an image that represents all […]

THE DICTATORSHIP OF CONSUMPTION

The tide of the battle that is being played out for nearly two centuries between the economy and politics, between market forces and democracy, between capitalism and the state, is now turning in favor of the market, because it is global, to the detriment of democracy, locked within borders. A global economy without the rule of law is taking hold. Show More Summary

Why a hedge fund manager will tell you big government is great for capitalism

What can government do to cultivate a vibrant economy? Nothing, if you ask our political class. Ever since Bill Clinton declared that the era of big government was over, even Democrats have treated the welfare state like a drag on the free market, focusing on its social benefits rather than its economic ones. Show More Summary

Ag Economy; Farm Bill; Political Notes (Farm Bill); Climate; and, Regs- Wednesday

Agricultural Economy Yesterday, USDA’s Economic Research Service (ERS) updated its 2014 Farm Sector Income Forecast, which stated that, “Net farm income is forecast to be $113.2 billion in 2014, down 13.8 percent from 2013’s forecast of $131.3 billion. If realized, the 2014 forecast would be the lowest since 2010, but would still remain more than […]

Deconstructing Fed Chair Janet Yellen on Unemployment and the Unemployed

Gerald Epstein, of the Political Economy Research Institute (PERI), interviewed by Jessica Desvarieux of the Real News Network: Lambert here: I have to say that Epstein’s comments seem a little mild to me. The seventy-five cent word hysteresis started making it out from the labs at NEBR into the mainstream discourse at about the time […]

SCIOD 10: The Fund-a-mental Thing's Supply as Time Goes 'Bye'

The eclipse of the wages-fund doctrine in political economy was the occasion for a peculiar twist in the rhetoric of anti-union polemicists. In 1867, on the eve of Thornton's critique of the doctrine and Mill's recantation, an anonymous...Show More Summary

'Mystery Woman' Leads the US Economy

Just what is percolating in Janet Yellen's mind? The "diminutive woman with a pixie haircut"—oh, and chief of the US Federal Reserve—has emitted vague policy signals but divulged no clear plan (as Fed chiefs are wont to do), Politico reports. Some see a progressive with labor leanings, but...

The Ford Foundation and the Virginia School of Political Economy

David M. Levy and Sandra J. Peart have unearthed some very valuable, hitherto undiscovered material in the history of economic and political thought, as well as the history of American philanthropy.  I have followed this paper through several drafts, with great enthusiasm, and am pleased to report it is now on-line.  The abstract is here: […]

What Happened to the Republic of the USA? Is It a Feudal Society?

Below is a recent email I sent to a "Conservative" friend of mine. It directly relates to the title of this piece. Hate to say it, but I fear that it may be too late, Bob... for education, the economy, sound money. politics, the whole ball of wax. Show More Summary

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