Tag Archives: Joseph Stiglitz

Martin Luther King Worried About Economic Injustice

Posted on August 29, 2013 by Popular Economics Weekly

Popular Economics Weekly Martin Luther King said the basis of disparities between the races had as much to do with income inequality as outright racism in his book, Why We Can’t Wait.  “Many white Americans of good will have never … Continue reading →

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David Stockman’s Crony Capitalism

Posted on April 7, 2013 by Popular Economics Weekly

Popular Economics Weekly Paul Krugman is being too gentle with David Stockman, whose recent New York Times ‘rant’ glorifies the gold standard and denigrates government for standing in the way of putting “free markets and genuine wealth creation back into … Continue reading →

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Juicing Employment Is Good

Posted on January 20, 2013 by Popular Economics Weekly

Financial FAQs The subject of juicing is in the air with Lance Armstrong’s confession that he and his cycling teammates injected various stimulants to win races. Yet he told Oprah on her show he didn’t think he was cheating. “Scary, … Continue reading →

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Two Percent Growth Isn’t ‘New’ Normal

Posted on October 31, 2012 by Popular Economics Weekly

Popular Economics Weekly There are many ways to look at the “weak” 2 percent growth numbers for Q3, though just the ‘Advance Estimate’ and so subject to at least 2 more revisions. But such weak growth isn’t due to excessive … Continue reading →

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Income Inequality Behind Most Poverty

Posted on September 14, 2012 by Popular Economics Weekly

Financial FAQs There were 46.2 million Americans in poverty in 2011, as median household income decreased to its lowest level since 2000, according to a Census Bureau report released this week that illustrated the toll from ongoing labor-market weakness. The … Continue reading →

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Government Has to Work—or Else

Posted on January 5, 2012 by Popular Economics Weekly

Financial FAQs We can no longer afford to listen to those conservatives who believe government is the problem, since there is no viable recovery from the worst recession since the Great Depression without government investment in sectors that will grow … Continue reading →

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The Japanese Lessons

Posted on March 21, 2011 by Popular Economics Weekly

Popular Economics Weekly The Japanese twin disasters—an earthquake plus Tsunami—have highlighted both why Japan’s economy has basically sputtered since its real estate and stock bubbles burst in 1989-91, and why ours is taking so long to recover—we were not prepared … Continue reading →

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