An Attack on Paul Krugman

Republished with permission on Global Geopolitics & Political Economy Read the article in its original form on Advisor Perspectives By Michael Edesess A foundational principle of modern economics is that the creation of credit leads to economic growth. That precept underlies need for quantitative easing, and it is central to the question of what role [...]


The Pirate Party Knows Where the Money Is

Republished on Global Geopolitics & Political Economy Al Jazeera English, May 14, 2012 See the article on the original website By Dean Baker One of the oddities of recent election results in Germany and elsewhere in northern Europe is the rise of the Pirate Party. This party received 7.8 percent of the vote in North [...]


Business20 Makes Its Weight Felt at G20 Meeting

Global Geopolitics & Political Economy / IPS By Emilio Godoy PUERTO VALLARTA, Mexico, Apr 19, 2012 (IPS) – The concerns of the business community basically monopolised the first day of the meeting of trade and economy ministers of the G20 group of industrialised and emerging countries in this Mexican resort city Thursday. The meeting of [...]


Argentina’s Critics Get it Wrong Again

Global Geopolitics & Political Economy Originally Published on The Guardian Unlimited, April 18, 2012 See the article on the original website. Mark Weisbrot The Argentine government’s decision to re-nationalize its formerly state-owned oil and gas company, YPF, has been greeted with howls of outrage, threats, forecasts of rage and ruin, and a rude bit of [...]


The War on Public Sector Workers

Republished on Global Geopolitics & Political Economy Truthout, April 16, 2012 See the article on the original website By Dean Baker Politicians across the country are using heaping doses of the politics of envy to try to arouse the anger of workers. However, their targets are not the corporate CEOs pulling down tens of millions [...]


Germany and Europe’s Path to the 19th Century

The Real News Network Francisco Louçã: European elite wants to undo the “social contract”; Germany wants more control More at The Real News


A Heaping Helping of Ridicule for the Fed, Please

Global Geopolitics & Political Economy Originally published on The Guardian Unlimited, January 18, 2012 See the article on the original website By Dean Baker In keeping with its policy of releasing transcripts with a five-year lag, the Federal Reserve Board just released the transcripts from its 2006 Open Market Committee (FOMC) meetings. There is much [...]


19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

A new report is available at the Political Economy Research Institue, PERI. 19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments Pollin, Robert | Heintz, James | Garrett-Peltier, Heidi | Wicks-Lim, Jeannette | 12/5/2011 Download the full report from the PERI Website 1.2 MB [...]


Banks Holding 1.4 Trillion, Could Create 19 Million Jobs

The Real News Network December 21, 2011 Bob Pollin: Study looks at impact of 1.4 trillion in excess liquid asset holdings if put in productive investments More at The Real News


$7.7 Trillion to Wall Street – Anything to Keep the Banksters Happy!

Global Geopolitics & Political Economy Originally Published on Truthout Saturday 3 December 2011 Read the article in its original form on Truthout By: Thom Hartmann, Truthout | News Analysis Do you know who Elizabeth Duke is? How about Donald Kohn or Kevin Warsh? No? Well – you should. Because while Congress was debating back in [...]