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Deconstructing Neoliberalism IV: How neoliberals won the world but India can ill afford their economics Trickle-Down

Deconstructing Neoliberalism IV: How neoliberals won the world but India can ill afford their economics

This concluding part narrates the circumstances in which market triumphed over state and spread from developed economies to developing economies, helping the top 1% to accumulate more wealth at the cost of the rest 99%The 'Golden era of Capitalism' that economic historians talk about was the quarter century after World…
bubmag
June 25, 2020
Goldman’s global stock chief breaks down how the historically swift COVID-19 bear market stacks up against 140 years of history — and offers a look at what’s next Trickle-Down

Goldman’s global stock chief breaks down how the historically swift COVID-19 bear market stacks up against 140 years of history — and offers a look at what’s next

Courtesy photo Peter Oppenheimer is chief global equity strategist and head of macro research of global investment research at Goldman Sachs in Europe. Oppenheimer explains how investment cycles have occurred in consistent six-year cycles since 1880, almost unaffected of economic influences such ebbs and flows in inflation, collapses of major…
bubmag
June 17, 2020
There’s a Much Better Way to Create Forest Jobs Than Ron Wyden’s Big Timber Welfare Act, Pass NREPA Instead Trickle-Down

There’s a Much Better Way to Create Forest Jobs Than Ron Wyden’s Big Timber Welfare Act, Pass NREPA Instead

Oregon’s Democratic Senator Ron Wyden recently introduced a bill (S.3684) that uses the coronavirus pandemic as an excuse to throw another $10.6 billion into the Forest Service budget.  That’s on top of the $5.7 billion Congress already appropriated to the agency this year and comes out to a whopping $45 million a day,…
bubmag
June 8, 2020
Knee On The Neck: What the Start-Up Ecosystem Should Learn from the “Black Lives Matter” Protests Trickle-Down

Knee On The Neck: What the Start-Up Ecosystem Should Learn from the “Black Lives Matter” Protests

Jasmine Arbery, sister of Ahmaud Arbery (R) and Wanda Cooper-Jones, Ahmaud's mother, comfort one ... another while people gather to honor Ahmaud at Sidney Lanier Park on May 9, 2020 in Brunswick, Georgia. Arbery was shot and killed while jogging in the nearby Satilla Shores neighborhood on February 23. (Photo…
bubmag
June 3, 2020
Economic austerity is no way to deal with the COVID-19 pandemic Trickle-Down

Economic austerity is no way to deal with the COVID-19 pandemic

The COVID-19 pandemic further rubbishes the idea that austerity is an appropriate economic response, writes Professor John Quiggin. OVER THE COURSE of this pandemic, I’ve been looking at zombie ideas in economics and the threat they pose. These are ideas that should have been killed by the evidence against them that has accumulated…
bubmag
June 3, 2020