The Role of German Social Democrats in Creating the Creditor’s Paradise

March 7th, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

I have recently wondered about the political economy of social democrats in Europe and their view of the euro and its crisis. Mark Blyth, who wrote a book on austerity, has been awarded a prize by German social democrats and was invited to give a lecture. And some lecture they got.

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Education is Not a Solution to Automation.

March 7th, 2015
in Op Ed

by Fabius Maximus,

Summary: We're on course to repeat the mistakes of the first 2 industrial revolutions in the 3rd. The wonders of increased productivity benefit the 1%, while the middle class seeks easy but chimerical ways to preserve their way of life. Anything but the work and risk of collective political action. Today we examine the favorite recommended cure to automation: more education. It works as well as frogs climbing over each other to escape a pot.

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The Murder of Boris Nemtsov – and Three Other Deaths

March 6th, 2015
in Op Ed

by Mark Galeotti, The Conversation

The shocking murder of Russian opposition figure Boris Nemtsov, literally in sight of the Kremlin, clearly marks the beginning of a new era in Russian politics and Russiawatching alike. And it is unlikely to be pretty.

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Net Neutrality

March 6th, 2015
in Op Ed

by Reverse Engineer, Doomstead Diner

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Global Debt Is Almost 3 Times As Big As the World Economy

March 5th, 2015
in Op Ed

by Washington's Blog, Washington's Blog

The Guardian reports that global debt has grown by $57 trillion dollars - to $199 trillion dollars - since the 2008 financial crisis.

How much is that? It's a big number ... but what does it actually mean?

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