Heterodox
By William K. BlackMay 14, 2016 Bloomington, MN This is the second column in my series on the “Mankiw’s myths and Mankiw morality.” In the first column I showed that N. Gregory Mankiw’s own unprincipled principles of economics predicted that the financial system would be rigged by and for the financial CEOs. In his New York Times column Mankiw purported to be writing to dispel myths, but actually did the opposite, asserting that the financial system could not be rigged. I explained...
Read More »The Road to Corporate Tyranny
That might as well be the name of the Transatlantic Trade and Investment Partnership (TTIP), the “free” trade agreement currently being negotiated between the unelected EU and the United States, given the new details here, with the agreement set to allow corporations the right to sue governments for social, economic or environment regulation that causes them “loss of profits” in secret anti-democratic tribunals.Just another reason why the people of Europe should abolish the rotten EU, and why...
Read More »Who Needs Balanced Trade? Who Needs Balance Budgets: A New Book on Trade and Fiscal Policy
The intensity of the conflict over the Trans-Pacific Partnership (TPP) has died down since last June, after the Administration won its victory in getting Trade Promotion Authority (TPA) through Congress. During the Intervening months, the efforts of the Special Trade Representative (STR) to complete TPP negotiations have continued. At the end of June, the goal was to complete negotiations by August so that the Administration could send the Agreement to Congress in enough time to start the...
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