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Bernie Sanders and ‘The Big Short’

Larry Cohen Campaign for America's Future
Hollywood stars play all the major roles in the film, but it is no puff piece for the 1 percent. After watching “The Big Short” and talking to viewers, it’s hard to argue against Sanders’ demands to increase taxes on the billionaires and break up the banks, and use the revenue to fund better health care and education.

How Goldman Sachs Profited From the Greek Debt Crisis

Robert Reich Robert Reich blog
Just as with the American subprime crisis, and the current plight of many American cities, Wall Street’s predatory lending played an important although little-recognized role. Undoubtedly, Greece suffers from years of corruption and tax avoidance by its wealthy. But Goldman wasn’t an innocent bystander: It padded its profits by leveraging Greece to the hilt—along with much of the rest of the global economy.

Hillary Clinton's New Paleoliberalism; Sizing Up Clinton's Plans to Help the Middle Class - Here's the Rub: It Isn't Enough

Matthew Yglesias; Eduardo Porter
Hillary Clinton's record in office suggests that she is more liberal than either her husband or Barack Obama, and in a Monday speech outlining her economic vision she set out to confirm that. However, still lacking is much policy detail as to how this difference might look in practice. A future Clinton administration might help change the norms of corporate governance to foster the kind of labor relations that everyday workers have not experienced in decades.

Greece’s Economy Is a Lesson for Republicans in the U.S.

Paul Krugman New York Times
If you really worry that the U.S. might turn into Greece, you should focus your concern on America’s right. Because if the right gets its way on economic policy — slashing spending while blocking any offsetting monetary easing — it will, in effect, bring the policies behind the Greek disaster to America.

Friday Nite Videos -- March 27, 2015

Portside
Tom Lehrer -- We'll All Go Together When We Go. Detroit Man Beaten by Police Speaks Out. Boom Bust Boom Trailer. New York Subway's Danny Small. SEC's Andrew Bowden at Stanford – A Regulator for Sale?

Boom Bust Boom Trailer

Monty Python star Terry Jones co-wrote and co-directed this completely serious economics documentary, whose experts include Nobel Prize winners Daniel Kahneman, Robert J. Shiller and Paul Krugman.

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