Moral Outrage Redux
I wrote last week that moral outrage is a cheap emotion—easy to generate but demanding very little from us. Robert Reich provides the evidence: In a rare show of bipartisanship, members [of Congress]...
View ArticleWhere Were the Regulators?
Via Robert Reich: What do oil giant BP, the mining company Massey Energy, and Goldman Sachs have in common? They’re all big firms involved in massive plunder. BP’s oil spill is already one of the...
View ArticleWhy Recession and Unemployment Will Continue
In most of the discussions of recessions, stimulus, bailouts etc. the real reason why our economy flounders is seldom mentioned. But Robert Reich hits the nail on the head today. Missing from almost...
View ArticleLosing Our Country
I have blogged often about the increasing concentration of wealth in this country over the past 30 years. It is important to recognize that this has political consequences. Economist Robert Reich lays...
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