Category Archives: Economics

the vampire’s university

Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks. The time during which the labourer works, is the time during which the capitalist consumes the labour-power he has purchased of him. Karl Marx, Capital  David Blacker has a piece at with the […]

Public investment, innovation, and quality of life

The Hamilton Project of the Brookings Institution has released an important new report on Innovation — how innovation happens, and its consequences for society. The Report includes documentation and discussion of the following findings (For more information, click on each of the facts below or download the full policy memo (PDF) »): Innovation drives economic growth […]

Congress math (& civics) deficits

What can we understand from this stunning performance by Jared Polis (D-CO) in the debate on the House floor (July 28, 2011)?: 2½ minutes were yielded to Polis so he could present prepared remarks, equiped with a neatly-printed three-color chart showing yields and interest rates paid by countries rated AAA vs. AA. The bottom line […]

Texas SBOE vs. “Capitalism” (with audio)

I’m too busy this week to follow the circus going on now in Austin; I’ll have to catch up later. However, I think I should post some audio (below) to provide background on this business, as reported by TFN Insider: 12:04 – The current standards draft currently refer to the economic system that exists in the […]

“Are Too Many Students Going to College?”

The cover feature for the November 13 issue of the Chronicle Review section of the The Chronicle of Higher Education is a forum on the question: “Are Too Many Students Going to College?” People are sure to differ in their judgments as to how that question should be answered. What I want to call attention […]