The ultrawealthy put Trump in power but other people will pay the price
Once almost everyone was using the internet, it became possible for businesses in a variety of areas to build up customer bases sustained by strong network effects. And one after another, these businesses have gone through the enshittification cycle.
The exodus from mainstream media
The first thing you need to know is that while Republicans always claim that raising taxes on the rich will destroy jobs, they have never yet been right.
A systemic look at the evolving intellectual career of New York Times economics writer and Nobel laureate Paul Krugman in his shift from herald of neoliberal globalism to an emphasis on class and the public policies that address social inequities.
Reader Comments: Paul Krugman Was Wrong About the 1990s; Clinton Might Not Be the Nominee; Why It's Nearly Impossible for Prisoners to Sue Prisons - kudos from defense lawyers and prisoners; Why did Portside run the New Yorker piece on Donald Trump; If Shostakovich Were Alive - Why did Portside run the hatchet piece; Nestle Control Over Town's Water; Trump, Racism, Anti-Semitism and Catholic Universities; New York Studio Workers Need Your Support; and more...
What is the true economic narrative about the 1990s? Was it a time of shared American prosperity brought on by smart policy? Or was it a time when the style of laissez-faire attitudes forged in the 1980s was co-opted by Democrats and began to create the growing inequality and periodic crises we’ve since become used to?
Paul Krugman is not a Political Scientist. Krugman's "brand" is that he is a "brilliant, Nobel Prize winning economist." In fact, much of his early research was brilliant; and, to be sure, Krugman did win the Nobel Prize. BUT, the misleading discussion of economics contained in his piece, "Sanders Over the Edge" does raise this question in my mind: Is Paul Krugman still qualified to write an economics opinion column for the New York Times?
When you dare to do big things, big results should be expected. The Sanders program is big, and when you run it through a standard model, you get a big result. - James K. Galbraith (former Executive Director of the Joint Economic Committee - the congressional counterpart to the CEA). Paul Krugman in The New York Times has attacked Sanders' economics. Here a number of prominent economists respond, showing how big a change the proposals actually are. They are HUUUGE.
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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