Tag Archives: Thomas Piketty

The Dark Days

These are the dark days, the dead end of the year when the sun sets early and comes up late, when Christmas is over and it will be days before the big ball drops in Times Square and everyone pretends … Continue reading

Posted in Uncategorized, Year in Review | Tagged , , , , , , , | Leave a comment

Beyond the Annual Status Report

Something should be said about President Obama’s State of the Union address – that constitutionally mandated “occasional” report to Congress on how things are going, and on what the president thinks might be wise to do next about whatever has … Continue reading

Posted in Middle Class Economics, Obama's State of the Union Speech, State of the Union Address | Tagged , , , , , , , , , , , | 1 Comment

Shaking Up Everything Now

Oligarchy – that’s the word. That’s because of that new book – Capital in the Twenty-First Century – which Paul Krugman calls the most important economics book of the year, and maybe of the decade. Krugman finds that he agrees with the author, the … Continue reading

Posted in Race and America, The Case for Reparations | Tagged , , , , , , , , , , , , , | 2 Comments

Structural Impediments

Live and learn. Teaching was fine, but the pay was awful and teaching wasn’t the half of it. There was careful preparation and planning, which for English teachers involves far more than daily lesson plans. Novels and poems and plays … Continue reading

Posted in Economic Theory, Income Inequality | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

That Dangerous Book

Let’s go back to 1922 – the year the Teapot Dome Scandal broke and Warren G. Harding turned on the first radio in the White House, ever. Out here, that was the year the Hollywood Bowl opened, and the year … Continue reading

Posted in Economic Theory, Income Inequality | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

The Steady Drift toward Oligarchy

Taxation is theft and everyone should get to keep every penny they earn – but if there has to be taxation, the Takers should pay those taxes and the Makers pay no taxes at all, because if we relieve the … Continue reading

Posted in Income Inequality, Paul Krugman | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment