Tags: new economic perspectives

The Triumph of Radical Right Economics in Greece – At the Hands of “Socialists”

January 21st, 2015
in Op Ed

In my January 18, 2015 column, I explained that German Prime Minister Angela Merkel's sweetest triumph was successfully extorting George Papandreou, Greece's Prime Minister, head of the Greek Socialist Movemnt (PASOK), and President of the Socialist International, to inflict austerity more »

Herr Henkel is Shocked that His Party Embraces Bigots

January 18th, 2015
in Op Ed

If one wishes to know why Germany's financial elite embraces vicious economic assaults on their fellow Europeans of the periphery via the economic malpractice of austerity it is essential to consider not only that malpractice, but also the moral rot at the core of the German financial more »

The WSJ Is Outraged That Someone Would “Loot a Company”

January 14th, 2015
in Op Ed

George Akerlof and Paul Romer's famous 1993 article "Looting: The Economic Underworld of Bankruptcy for Profit" introduced what criminologists call "accounting control fraud" to the economics literature. The people who control the firm (typically the CEOs) use its seeming more »

Greece, the Troika, and the New York Times

January 5th, 2015
in Op Ed

As I have explained in prior articles, there is an excellent chance that the Troika's infliction of austerity on the eurozone's periphery could, as with the austerity inflicted under the Washington Consensus continue to produce such long-term rolling recessions that it creates a more »

The Answer to the Unemployment Problem Is More Jobs

December 16th, 2014
in Op Ed

Dean Baker, everyone's favorite progressive economist (mine, too), has an interesting take on our unemployment problem. Give more paid vacations. more »

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