New Economic Perspectives

(2d column in my series on Friedman advising Hillary to Move Hard Right) William K. BlackAugust 7, 2016     Bloomington, MN Thomas Friedman has written two columns advising Hillary Clinton to renounce her campaign promises and the Democratic Party’s platform and move to the right of the Republican Party on economic issues.  My first column in this series critiqued the centerpiece of his plea to her – deregulate banking. This column discusses Friedman’s economic assumption, which he probably...

Part 6 of my series on Race, Crime, and Policing William K. BlackAugust 7, 2016     Bloomington, MN Former NYC Mayor Rudy Giuliani made a series of comments on race, crime, and policing on when he was interviewed recently on “Face the Nation.”  I am a strong critic of Giuliani’s approach to the intersection of race, crime, and policing.  Giuliani said several objectionable things in his interview that he could not defend.  The mystery is why his critics keep ignoring those comments and...

William K. BlackAugust 7, 2016     Bloomington, MN Thomas Friedman’s economic illiteracy and sycophancy for Wall Street “elites” have never been in doubt, but he has (unknowingly) plumbed new depths in his columns advising Hillary Clinton to remake the Democratic Party in Bill’s image – by embracing Wall Street’s dream of deregulation.  Friedman has literally learned nothing from the three great epidemics of accounting control fraud (“liar’s” loans, inflated appraisals, and fraudulent...

By Thornton “Tip” Parker As NEP readers know, the economy consists of  private, government, and foreign sectors.  Financial flows among the sectors always add up to zero; that is, one sector’s deficits must be offset by surpluses in either or both of the others. If the private sector imports more than it exports, ignoring investment flows, it will run a financial deficit while the foreign sector runs a surplus and the economy will then slow down as money in the private sector becomes...

Part 5 of my series on Race, Crime, and Policing William K. BlackAugust 5, 2016     Bloomington, MN I explained in my two prior columns the blood libels against “whites” as a race and law enforcement officers (LEOs) made by the sociologist Michael Eric Dyson.  Dyson was particularly vitriolic in complaining that whites refused to “condemn” LEOs who shot blacks until they knew whether the LEOs had acted criminally or even improperly.  Dyson portrays this adherence to due process and the rule...

Part 4 of my series on Race, Crime, and Policing William K. BlackAugust 2, 2016     Bloomington, MN Part 3 of this series began the explanation of the hypocrisy of the New York Times in its treatment of the sociologist Michael Eric Dyson’s blood libels against police and whites as a race.  Part 3 focused on the terrible timing of Dyson’s op ed in the NYT.  The ambush murders of Dallas law enforcement officers (LEOs) falsified Dyson’s blood libels while the ink was still figuratively wet on...

Randall Wray, Bard College For months now, the Hillary campaign has vigorously argued that Bernie supporters have to fall in line to support the Democratic National Committee’s favorite candidate. Anyone not willing to jump to Hillary is a “Bernie Bro”—not willing to vote for anyone but Bernie. Why? Because, Trump. Forget the will of the people, the democratic process, or “voting one’s conscience”—Trump trumps all hesitation. We simply cannot afford to give Trump any chance of winning. We...

Part 3 of my series on Race, Crime, and Policing By William K. BlackJuly 31, 2016     Bloomington, MN This is my third installment in my series of columns about race, crime, and policing.  I chose as my initial example of dangerous blood libels a New York Times contributor’s op ed.  I use also a NYT editorial about blood libels involving crime and race that demonstrates the editorial board’s hypocrisy and analytical failures. The New York Times Spreads a Blood Libel Against LEOs and Whites...

Part 2 of my series on Race, Crime, and Policing By William K. BlackJuly 31, 2016     Bloomington, MN My introductory column in this series laid out the blood libels against police, policing, blacks, and whites that are doing so much harm to America.  This second installment provides a brief historical overview necessary to begin the discussion about the blood libels against Black Lives Matter, law enforcement officers (LEOs) and whites as a racial group.  I repeat my warning from my...

By William K. BlackJuly 28, 2016     Kansas City, MO The best way to lose friends and be vilified in America is to talk frankly about race, racism, violent crime, politics, gender, Black Lives Matter (BLM) and prosecuting police officers.  I am writing a series of articles on these subjects.  In the course of this series I employ my “hats” as criminologist and a professor who teaches economics, law, and regulation plus my spousal hat where I draw on my wife and her co-author’s work on...