Posts Tagged 'Paul Krugman':

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Prisons, privatization, patronage (Blogpost)

By Paul Krugman, New York Times columnist | June 22, 2012 3:42 p.m. Over the past few days, The New York Times has published several terrifying reports about New Jersey's system of halfway houses - privately run adjuncts to the regular system of prisons. The series is a model of investigative reporting, which everyone should read. But it should also be seen in context. The horrors described are part of a broader pattern in which essential functions of government are being both privatized and degraded.

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Michael Hudson talks MMF in Rimini (Blogpost)

Our Very Own Oscar Night in Rimini February 27, 2012 | By Michael Hudson 2,181 Italians pack a Sports Arena to learn Modern Monetary Theory: The Economy doesn’t Need to suffer Neoliberal Austerity I have just returned from Rimini, Italy, where I experienced one of the most amazing spectacles of my academic life. Four of us associated with the University of Missouri at Kansas City (UMKC) were invited to lecture for three days on Modern Monetary Theory (MMT) and explain why Europe is in such monetary trouble today – and to show that there is an alternative, that the enforced austerity for the 99% and vast wealth grab by the 1% is not a force of nature.

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Occupy Wall Street: Paul Krugman says the movement has changed the policy conversation in Washington (Forum)

Occupy Wall Street: Paul Krugman says the movement has changed the policy conversation in Washington

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"There is a growing sense throughout the world that capitalism isn’t working; and that the cracks we create in it may really be the only way forward."
- John Holloway

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