Public art of the day

Blu

Cartoon of the day

  Special mention

Man = Carrot Circus

Tomorrow, we’re headed to Glover, to see Bread and Puppet: Cheap and Political Theater in Vermont

Toto, we’re not on the gold standard anymore

In the context of the debate over fiscal deficits and debt, Barry Finger explains how fiat money works: What is not appreciated by the public is that current state operations are in no way operationally dependent on the prior withdrawal of funds from the private sector.  Whatever may have been true when currencies were backed [...]

Recoverless recovery

source Except, of course, for corporate profits, which accounted for an unprecedented 88 percent of economic growth in the first 18 months after economists declared that the recession had ended in June 2009.

Strike of the day

Cartoon of the day

Special mention

Bowling without Gramsci

It’s all fine and good to take up the project of thinking about what civil society means in a globalizing society. But to do so while ignoring the work of Antonio Gramsci undermines that very project. Daniel Little summarizes what he considers to be the key factors in enhancing civility within a community. They include [...]

Bibliophile of the day

The Internet has returned us to the alphabet…From now on, everyone has to read. In order to read, you need a medium. This medium cannot simply be a computer screen… One of two things will happen. Either the book will continue to be the medium for reading, or its replacement will resemble what the book [...]

Throwing grandma under the bus

Neoclassical economists, it seems, want to throw grandma (and grandpa) under the bus. First, they use the elderly as pawns in their attack on Keynesian economics. Now, they want to blame the elderly for the budget deficit. By now, it’s obvious that we need to rewrite the social contract that, over the past half-century, has [...]