22 Statistics That Prove The Middle Class Is Being Systematically Wiped Out Of Existence In America. Although this link doesn’t do much more for me than to validate what I already know, it nicely puts all the stats into one spot so that I can come back to them. Not Read more…
Adam Smith is often held up as the darling and founding father of neoclassical economic theory, and by extension neoliberal attitudes towards the market, Smith does indeed question the effectiveness of state intervention within the market. Beginning with the premise that ‘No regulation of commerce can increase the quantity of Read more…
Taking advantage of some time off – even if in an airport – I read Mark Fisher’s Capitalist Realism. This small little book – really a long essay at 81 pages – is an excellent example of a text that actualizes Zero Books’ goal of publishing books that are ‘intellectual Read more…
As Niall Ferguson argues in this clip (from CNBC [I know, bublevision as Bill Fleckenstein called during the bubble years of the late 90s]), we’re headed for a major fiscal crisis, a death spiral, in two years. What is interesting, but perhaps wishful thinking on Ferguson’s part, is that he Read more…
With the ECRI index pointing lower, an index that has quite accurately correlated with previous recessions, and with budget cuts and austerity measures being enacted across Europe (most recently Britain), we may very well be headed for another recession. This doesn’t bode well for higher education, of course, and especially Read more…