The Road to Paris: Three Myths about International Climate Talks

April 9th, 2015
in Op Ed

by Nick Rowley, The Conversation

With only nine months to go before the most important international meeting on climate change since Copenhagen in 2009, what are the chances of success at this year’s Paris talks? What might “success” mean? And can the mistakes and challenges that have befallen previous meetings be avoided and tackled?

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A Necessary Addendum to Paul Craig Roberts' Article: Financial Collapse At Hand

April 8th, 2015
in Op Ed

by Scott Baker

Editor's note: We are reposting a 2012 article at OpEd News.

Paul Craig Roberts hits it on the head, again, in his article: Collapse At Hand . This is one of the best analysis of the financialized economy I've read in a while.

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How America Became an Oligarchy

April 8th, 2015
in Op Ed

by Ellen Brown, Web of Debt

The politicians are put there to give you the idea that you have freedom of choice. You don't. . . . You have owners.
- George Carlin, The American Dream

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Our Response to California’s Drought Shows America at Work to Enrich the 1%

April 7th, 2015
in Op Ed

by Fabius Maximus, FabiusMaximus.com

Summary: The California megadrought shows America's public policy machinery at work. Dysfunctional for us; highly functional for the 1%. It's the price we pay for our apathy and passivity. Today we review California's latest response to this crisis. {2nd of 2 posts today.}

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Price Deflation, Asset Prices, and Threats to Growth

April 7th, 2015
in Op Ed

by Timothy Taylor, Conversable Economist

When I read media discussions about deflation, three separate meanings are often used more-or-less interchangeably.

(1)  One meaning is the way that economists use the term, in which "deflation" means "inflation happening at a negative rate." Inflation means that the buying power of a certain amount of currency is reduced over time. Deflation means that the buying power of currency rises over time.

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