SchwartzReport: Joseph Stiglitz: Stupid Politics = Bad Economics

03 Economy, Corruption, Government, Idiocy, Ineptitude
Stephan A. Schwartz
Stephan A. Schwartz

Joseph Stiglitz and Paul Krugman for the past 15 years have been notable for the accuracy and insight of the comments they make about our economy. When you think about Representative Paul Ryan on the right, and Stiglitz and Krugman on the social progressive side you realize that there is no real comparison to be made. Rightwing economic theory is nonsense and, wherever it is in force failure and crisis follow. Here is Stiglitz’ latest.

Why Stupid Politics Is the Cause of Our Economic Problems

Phi Beta Iota: What Stiglitz refuses to recognize is that all of our checks and balances have failed — we have a two-party tyranny corrupt to the bone. Absent #ElectoralReform, one bird, two wings, same shit.

See Also:

Worth a Look: Democracy Lost & Found Essay, Book Review Blurbs and Links [Updated 12 January 2015]