The Persistence of Poverty Amid Advancing Wealth “What happens when government abandons its proper role? At the top, we get fraud. Corruption. Gross incompetence. For the rest of us? We get unemployment, inequality, poverty, and inadequate healthcare, retirement, and welfare.” L. Randall Wray, Making Money… Read More »The Great Enigma of Our Times: MMT and GCE
In The Privatization of Everything, Donald Cohen and Allen Mikaelian argue that, over the past four decades, private entities have wrested control of many of the functions of federal, state, and local governments. Free-market ideologues and cost-cutting “small government” bureaucrats have cooperated with business firms… Read More »The Privatization of Everything
The new book, The Dawn of Everything, by anthropologist David Graeber (who died before its publication) and archeologist David Wengrow is fascinating. It starts by exploring why the origins of inequality suddenly became a concern in 17th and 18th century Europe, a society that had experienced only inequality… Read More »Book Review: The Dawn of Everything
Historian Daniel Mandell’s fourth and most recent book is an important contribution to studies about the relationship between property, wealth, and history. Published in 2020, this book has not received the attention it deserves. The author has unearthed substantial new material, which along with roughly… Read More »Review: Daniel Mandell, The Lost Tradition of Economic Equality in America: 1600 to 1870. Baltimore: Johns Hopkins University Press (2020)
In the first chapter of her new book, “Antitrust: Taking on Monopoly Power from the Gilded Age to the Digital Age,” Senator Amy Klobuchar tells the story behind the board game “Monopoly”, her favorite game growing up. She recounts how the earliest known version of… Read More »BOOK REVIEW: “Antitrust: Taking on Monopoly Power from the Gilded Age to the Digital Age.”
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