Like the 2008 global financial crisis before it, in the wake of the Covid-19 pandemic an all too predictable phenomena has emerged. Whenever new public … Public debt — the untold storyRead more
Economics
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Austerity’s hidden purpose
Back in the 1830s, Thomas Peel decided to migrate from England to the Swan River in Western Australia. A man of means, Peel took along, … Austerity’s hidden purposeRead more
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Lessons from the UK’s Girobank
In the comments of a recent Positive Money blogpost on central bank digital currency (CBDC), Stephen Hart raised an interesting question: “A public company to … Lessons from the UK’s GirobankRead more
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Burning Tulsa
https://www.zinnedproject.org/wp-content/uploads/2013/05/Running-the-Negro-out-of-Tulsa-763×534.jpg None of my mostly African American 11th graders in Portland had ever heard of the so-called Tulsa Race Massacre, even though it stands as … Burning TulsaRead more
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The U.S. Administration is Israel’s Partner in Crime
Despite Israel’s massacre in Gaza, the Biden administration has approved the sale of $735 million in precision-guided bombs to Israel, enabling it to continue massacring … The U.S. Administration is Israel’s Partner in CrimeRead more