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Odysseas Papadimitriou – Why Income Inequality Will Get Worse Before It Gets Better

We’ve all heard about rising income inequality, and for good reason: It’s a huge problem. Just consider the fact that the wealthiest 1% of Americans accounted for roughly 21.2% of all earnings in 2012, compared to just 8.9% in 1973, according to UC Berkeley’s Center for Equitable Growth. But far less obvious is the eventuality that things will get much …

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Gerald Friedmand – Why Liberal Economists Dish Out Dispair

The ferocious reaction to my assessment that Senator Bernie Sanders’ economic and health care proposals could create long-term economic growth shows how mainstream economists who view themselves as politically liberal in America have abandoned progressive politics to embrace a political economy of despair.  Rationalizing personal disappointment and embracing market-centric economic theories according to which government can do little more than fuss around the edges, …

Right-Wing Pressure in Academia – James DiEugenio

In 1951, at the height of Sen. Joe McCarthy’s hunt for disloyal Americans, William F. Buckley wrote a polemic against liberal education entitled God and Man at Yale, accusing Yale instructors of advocating collectivism and undermining Christianity. Buckley was relatively unknown at the time, but his book contained a foreword by the famous journalist John Chamberlain, who had worked for the New York …