Greece Should Dump the Euro

The Greek government has decided to hold a referendum on whether or not to agree to the austerity and neoliberal reforms demanded by the troika (the IMF, the ECB, and the EU). The Prime Minister, Alexis Tsipras, has implied that if Greeks vote for austerity, he might resign. I’ve written about the negotiations between Greece and the troika in the past. Since then, events have unfolded and it’s now time for Greece to make good on its threat and dump the Euro. Here’s why.

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Candidate Evaluations: Jeb Bush

Jeb Bush is finally officially running for president. He delayed a while so that he could set up his super-PAC, Right to Rise. Bush plans to outsource the operation of his campaign to Right to Rise so that he can circumvent existing campaign finance laws. There is no limit to the size of donations to super-PACs, and donors can remain anonymous. Legally, all Bush has to do is ensure that no member of his campaign directly operates the super-PAC. In any case, let’s look at the guy, shall we? I’ll be evaluating Bush’s background, policy history, and explicit statements to determine whether or not he would make a good president. I won’t be paying attention to electability or likeability, as is often common elsewhere on the web.

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Exposing the Myth of Austerity: An Interview with Benjamin Studebaker

A couple of days ago, I did an interview with Robbie Bennett and Jakob Lount from the People’s Resistance an organization devoted to challenging the British government’s austerity policies. The interview predominately covered austerity and UK and US economic policy, though there’s also a little bit about me personally and my academic work, if that interests you. They have kindly permitted me to share the interview with you in full below–you can also read it on their WordPress or their Tumblr, and they are also on Facebook and on Twitter. The introduction and the questions are their words, the answers are mine: Continue reading “Exposing the Myth of Austerity: An Interview with Benjamin Studebaker”

Candidate Evaluations: Rick Perry

Rick Perry has joined the race for president, so here goes another candidate evaluation. I’ll be evaluating Perry’s background, policy history, and explicit statements to determine whether or not he would make a good president. I won’t be paying attention to electability or likeability, as is often common elsewhere on the web.

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The 3 Ways Governments Raise Money Part III: Printing

This is the conclusion of my three-part series on how governments finance themselves. The aim is to clear up the popular misconception that the state’s budget is similar to that of a corporation or a household, that government borrowing is always necessarily a bad thing. Previously we talked about taxation and borrowing–today is all about printing. Continue reading “The 3 Ways Governments Raise Money Part III: Printing”