Tag Archives: economics

From The Inside Out, The Real Path To Power

By George Cappannelli We are at an interesting, some say, critical crossroads in our history. The battle currently underway between the left and the right over whose philosophy will shape the next chapter in American history is heating up dramatically. … Continue reading

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The Politics of Money in a ‘Glocal’ Economy

The word is out that economics, never a science, has always been politics in disguise. I have explored how the economics profession grew to dominate public policy and trump so many other academic disciplines and values in our daily lives. Economics and economists view reality through the lens of money. Everything has its price, they believe, from rain forests to human labor to the air we breathe. Economic textbooks, Gross National Product (GNP) and the statistics on employment, productivity, investment, and globalization—all follow the money. Happily, all this focus on money is leading to the widespread awareness of ways money is designed, created and manipulated. This politics of money is at last unraveling centuries of mystification. Continue reading

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The Power of One

Is it becoming as clear to you, as it is to an increasing number of Americans that truly, effective solutions to our most serious challenges in education, environmental and financial reform, job creation, healthcare, life care,and immigration are being held hostage by a political process that is seriously impaired, if not permanently broken? If so, you may believe it is time to correct this problem. What you may not believe is that the fix is easier and more accessible than a lot of us imagine. It lies in what I call, ‘the power of one.’ Continue reading

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Old Math, New Math, Washington Math…2+2 Should Still = 4

Too many countries, including our own, appear “to have made financial commitments that are significantly greater than their fiscal capacities.” I stress the word ‘appear’ because although anyone who has ever done a budget understands that when expenditures exceed income debt results, no one knows – at least from the perspective of the well being of the planet and of the species that reside here – whether debt and what amount of it is a good or bad thing. As we examine the issues we need to consciously decide what kind of nation we want America to be so that we can then decide how to make this re-envisioned nation a reality. Continue reading

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Keynes vs. Friedman – The Economic Wrestling Match That Will Determine Our Future

First in a series looking at whether the economic theories of Keynes or Friedman, or perhaps even a new third course, will provide the solutions which will help our country and the world community as a whole to find its way out of the current world economic crisis. Whether we will languish in a period of slow to no growth or even worse, experience a period of deepening economic downturn as a result of these choices is clearly a very important topic, one that should not be avoided because our academics and politicians seem inclined to present it in language that is unnecessarily complex and even confusing. Our aim is to start a conversation by which we can clarify the arguments and the consequences from which we all must chose. Continue reading

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