John Mackey, the Libertarian CEO of Whole Foods, says not to worry: Capitalism and the invisible hand will cure the world's ills. But isn't it a little late to start believing in magic?READ»
We stand at the cusp of a significant paradigm shift.
We have been building towards a transformational tipping point, where natural capital will eventually be valued alongside financial capital. While progress has been steady and ...READ»
Several months ago, I was browsing through a bookstore in
Seattle looking for something to read on my flight back across the
country. After having spent eight hours
on stage working to keep a mental step ahead of 250 ...READ»
Today America chooses a new president in what is one of the most pivotal elections in history. The world changed sharply during the Bush administration with two recessions, 9/11 attacks, wars in the Middle East, and rising new ...READ»
Hyperventilating observors keep talking about the current economic crisis in terms of a crisis of capitalism. This is a bizarre overreaction. And yet, aren't you asking the same question yourself?
There are many logical ...READ»
Wherever he is, Chicken Little is probably grinning. For many Americans these days, it feels like the sky is falling, and financially speaking, the evidence supports Mr. Little’s claim. The consensus around here is that we are ...READ»
"Economics is as close to psychohistory as you can get."
-- Paul Krugman "Incidents from My Career"
This year's winner of the Nobel prize in economics is one of the finest scholars in the field, ...READ»
The latest GDP figures from the federal government show a 2.8 percent annualized growth (found here). Unfortunately, this may be the last positive figure we see for a while, so it might be worth examining the details. Below is a ...READ»
The current situation and reaction of the conservative administration
convinces me that the conservative mind set, beliefs, philosophy and
consequent action (it is a belief like any other religious doctrine) is
irreconcilable with ...READ»
“It’s not even a sport; it’s just a pointless leisure activity for old white people…”
“It’s worse than watching a filibuster on C-SPAN…”
“It’s like watching grass grow, or paint ...READ»
For twelve years you've been asking "Who is John Galt?" This is John Galt speaking. I'm the man who's taken away your victims and thus destroyed your world. You've heard it said that this is an age of moral crisis and that ...READ»
