Tsipras’ Triumph vs. Impossible Task of Implementing a Program Designed to Fail

September 26th, 2015
in Op Ed

by Yanis Varoufakis

A version of this article appeared in The Guardian, 21 September 2015

Alexis Tsipras has snatched resounding victory from the jaws of July's humiliating surrender to the troika of Greece's lenders. Defying opposition parties, opinion pollsters and critics within his ranks (including this writer), he held on to government with a reduced, albeit workable, majority. The question is whether he can combine remaining in office with being in power.

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The Fallacy of "Buy Land — They’re Not Making Any More"

September 24th, 2015
in Op Ed

by Peter St. Onge

Appeared originally at Mises.org 16 September 2015

"Buy land - they're not making any more!" is an old investing chestnut, and a common sense one to boot. Economically, it's also completely false.

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Time for the Nuclear Option: Raining Money on Main Street

September 24th, 2015
in Op Ed

by Ellen Brown, Web of Debt

Predictions are that we will soon be seeing the "nuclear option" - central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on Zero Hedge titled "It Begins: Australia's Largest Investment Bank Just Said 'Helicopter Money' Is 12-18 Months Away."

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The Reincarnation of Keynesian Economics

September 23rd, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

While cleaning up my home office I found some old goodies, among them the paper with the title "The Reincarnation of Keynesian Economics" by Gregory Mankiw from 1991 published at NBER.

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Democracy and Asian Development

September 22nd, 2015
in Op Ed

by John West, Asian Century Institute

The Chinese authoritarian juggernaut is now wobbling forward, sideways and backwards. Could in the end democracy be the best political system for fostering Asian development, asks John West?

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