~ Pedestrian's Guide to a 'Progressive' Political Economy ~

" Schools of Thought  "

" Classics of Political Economy  "

" Marx/Engels Collected Works  "
~ . ~
~ 'Heads Up' ~

"23 Things They Don't Tell You About Capitalism  "
~ . ~
~ 'What's Wrong With This Picture?' ~
~ . ~

"Progressive Political Economists Join The Debate"
~ . ~

"Hayek vs. Keynes Rap "
~ . ~

"  All Aboard...."Railroading Economics "
~ . ~

"   Well Begun Is Half Done  "
    Aristotle
~ . ~

I. "  Progressive Voices  "

* Video Interviews:              
"Euro-Chaos and Global Capitalism"(11-4-11),  Leo Panitch, realnewsnetwork.com
"Deutsche Bank Vegas Exposure Equals Eurozone"(10-28011),  Leo Panitch, realnewsnetwork.com
"Address Unemployment, Then Debt:Five Parts (8-7-11)",  Robert Polin, realnewsnetwork.com
"The Chinese Model: Capitalism, Chinese Style (5-14-11)",  Orville Schell, realnewsnetwork.com
"Hudson/Wolff on Debt and Recession"(5-9-11),  Michael Hudson & Richard Wolf, "RealNewsNetwork.com"
"S&P Warns of Potential Finance Meltdown"(5-9-11),   Gerald Epstein, "RealNewsNetwork.com"
"Austerity Road to 19th Century"(5-6-11),  James Crotty, "RealNewsNetwork.com"
"Visual Stories of the Fed",   Omid Malekan, omidmalekan.com
"What I Would Ask Bernanke"(4-27-11),  James K. Galbraith, "RealNewsNetwork.com"
"The People's Budget"(4-22-11),  Robert Pollin, "RealNewsNetwork.com"
"Why Did S&P Issue Warning on US Bond Rating?"(4-19-11),  Hall and Weisbrot, "RealNewsNetwork.com"
"Politics and the Lords of Money"(4-10-11),  Tom Ferguson, "RealNewsNetwork.com"
"What a Full Employment Policy Looks Like"(3-21-11),  Robert Pollin, "RealNewsNetwork.com"
"North Dakota Tells Wall St. Not Only Game in Town"(2-11-11),  Yves Smith, "RealNewsNetwork.com"
"Chilean Economist Manfred Max-Neef on Barefoot Economics,........,
"Economist Ha-Joon Chang on Currency Wars, the G20, and Why 'There’s No Such Thing As a Free Market'" (11-19-10),  , "DemocracyNow.com"
"Are Tariffs and Buy American the Answer?(11-26-10)",  Robert Pollin, "RealNews.com"
"Quantitative Easing Explained",  maleknoms, "U Tube.com"
"Autoworkers "challenge logic of capitalism"",  Sam Gindin, "RealNews.com"
"What GM Could Be(11-25-10)",  Stephen Diamond, "RealNews.com"
"Chomsky on US Global Policy"(11-21-10),  Noam Chomsky, "RealNews.com"
"The Dragon in the Room"(11-16-10),  Kevin Gallagher, "RealNews.com"
"Bubbles Make Rich Richer and Others Unemployed" (10-18-10),  James Heintz, "RealNews.com"
"Austerity Not a Solution",  Robert Pollin, "RealNews.com"
"A Departure to Be Welcomed",  Robert Scheer, "DemocracyNow.org"
"The Populist Moment",  Robert Borosage, "RealNews.com"
"Can Obamanomics solve the crisis?",  James K Galbraith, "RealNews.com"
" Obama promises to stop americas shitty jobs from going overseas",  , "theOnion.com"
"Paul Krugman",  (7-2-10), "CharlieRose.com"
"Will Chinese Workerts Challenge Gobal Capitalism? ",  Minqi Li, "RealNews.com"
"Live Working or Die Fighting: How the Working Class Went Global",  Paul Mason, "DemocracyNow.org"
"US Is Becoming an "Underdeveloping Nation",  Manfred Max-Neef, "DemocracyNow.org"
" Building a Real Left",  Naomi Klein, "GritTV.com"
" Who Deserves Sympathy?",  Dean Baker, "GritTV.com"
"Decades of high unemployment likely",  Dean Baker, "RealNews.com"
"Austerity in the face of weakness",  Doug Henwood, "RealNews.com"
"Effects Of G20 Drive To Austerity",  Jane D'Arista, "RealNews.com"
"TheReal Baltimore: Invisible Hand Waves Goodbye",  Thomas Ferguson, "RealNews.com"
"Tax Wealthy - Investment In Infrastructure And Schools",  Thomas Ferguson, "RealNews.com"
"Crony Capitalism",  Robert Johnson, "RealNews.com"
"The grim state of the states",  James Heintz, "RealNews.com"
"False values and structural blackmail",  James Crotty, "RealNews.com"
"Should Fannie and Freddie be public utilities?",  Kevin Hall, "RealNews.com"
"What happened to the "death of the dollar?"",  William Engdahl, "RealNews.com"
"The Political Economy Of Isreal's Occupation",  Shir Hever, "RealNews.com"
"Obama’s Stimulus Plan, Debt, Climate Change, and Freefall",  Joseph Stiglitz, "DemocracyNow.org"
"Obama takes on Wall Street?",  Gerald Epstein, "RealNews.com"

* Obama's Economists:
"Tim Geithner (Treasury Secretary)",  , "PBS.org"
"Laura Tyson ('Chief Economic Advisor')",  , "PBS.org"
"The President's Economic Recovery Advisory Board",  PERAB Public Meeting - April 16, 2010, "PBS.org"


* Ideas:
"The Face of an American Lost Generation ",  Andy Krol, "thenation.com"
" Economics: Doing Business As If People Mattered",  Robert Jensen, "CommonDreams.com"
" Holes in the Keynesian Arguments against Neoliberal Austerity Policy",  Ismael Hossein-zadeh, "HuffingtonPost.com"
" Tremble, Banks, Tremble: The key to financial recovery: restoring the rule of law on Wall Street.",  James K. Galbraith, "CommonDreams.org"
" How to Think Like a Feminist Economist",  Susan Feiner, "Truthout.com"
" Why We Can’t Rely on Foreign Consumers to Rescue American Jobs, and Why Today’s “Jobs for America Summit” is a Bad Joke.",  Robert Reich, "truthout.com"
" The Disappearing Intellectual in the Age of Economic Darwinism",  Henry Giroux, "truthout.com"
"Just Business:" Capitalism is an Anti-Social Disease",   Dave Lindorff, "truthout.com"
" How Brokers Became Bookies: The Insidious Transformation of Markets Into Casinos",  Ellen Brown, "truthout.com"
"The Third Depression",  Paul Krugman: , "nytimes.com"

* Vision:
" WITTs" & "YOYOs",  Jared Berstein, "All Together Now: Common Sense for a Fair Economy" .
" Plan",  James K. Galbraith, "Harper's Magazine"
" Economic Report of the President: 2010", "Council of Economic Advisors"
" The Wall Street Model", B.Bluestone & B. Harrison, "Growing Prosperity".
" The Main Street Model", B.Bluestone & B. Harrison, "Growing Prosperity".

                 "  Gen Next "
" How Are the Kids? Unemployed, Underwater, and Sinking",  Mark Paul & Anastasia Wilson, "TruthOut.org".
" Economics in Crisis: What Do We Tell the Students?",  Mofid and Szeghi, "CommonDreams.org".
" The Financial Carnage on Campus" , Sameer Pandya, "truthout.org".
" Student Loans: The Government Is Now Officially in the Banking Business " ,  Ellen Brown,"Truthout.org"

" From Engineering Major To Cater Waiter: Grads Enter The Job Market"  , "Huffingtonpost.com".
" Digital Nation",  FrontLine,"PBS"
" Business Students Rethink Wall Street Plans"  NewsHour,"PBS"
" Young Grads Turn to Service Amid Tight Job Market" , NewsHour, "PBS".
"Highlights From Generation Next" , NewsHour, "PBS".
"College Costs" , About Your Money, "PBS".
"Rising Costs...." , NewsHour, "PBS".
" Economy Track" , "epi.org".
" GM Woes Hit Close to Home for Young Graduates" , NewsHour, "PBS".
" Gen Next Squeezed By Recession, But Most See Better Times Ahead" , "Pew Research".
" College Tuition Hike in California Sparks Protests" , NewsHour, "PBS".
" No Bailouts for Youth: Broken Promises and Dashed Hopes" Henry Giroux,"Truthout.com".

* Update:
" The Empathic Civilization ",  Jeremy Rifkin, "Huffingtonpost.com".
" Buddhist Economics ",  E.F. Schumacher, "smallisbeautiful.org".
" Path to a Peace Economy ",  David C. Korten, "CommonDreams.org".
" Building an Anti-Economy ", Chris Carlsson, "CommonDreams.org".
" Environmental Performance Index 2010 ",  "epiyale.edu".

* Video:
" Infrastructure May Be the Key to Boosting Economy",  NewsHour, "PBS".
"Another Crash, Another Galbraith",  Bill Moyers Journal, "PBS".
" Stimulus Money Plows Through Tractor Country",  NewsHour, "PBS".
" The Trap",  Adam Curtis, "BBC""rewtube.com".

* Library: " A Green Economy"
"The Empathic Civilization", Jeremy Rifkin, Huffpost Books .
" Green Economics", Paul Ekins, , 1992.
" The New Economics: A Bigger Picture", David Boyle & Andrew Simms, , 2009.
" Nowtopia" , Chris Carlsson, 2008.
" The Real Wealth of Nations", Riane Eisler, 2008.
" The Bridge at the Edge of the World", James Gustave Speth, 2008.
" Right Relationship: Building a Whole Earth Economy", P. Brown & G. Garver, 2009.
" The Green Collar Economy", Van Jones, 2008.

"  Invisible Hand "   &   "  Handshake  "

"  The Historical Development of Economics and Ecology "


"It's deja vu all over again."
Yogi Berra


II. "  Capitalism  "

* Vision:
" Three Great Economists", Heilbroner & Thurow, "Economics Explained".
" M > C > ...P... > C* > M* " , F. Green & B. Sutcliff, "The Profit System".
" The Mercantilist Policy System", Salvatore Schiavo-Campo, "International Economics".
" A Table of Political Economy", Abelda, Gunn, Waller, "Alternative to Economic Orthodoxy".

* Update:
" Why Are We Afraid of Saying "Socialism"?", Frances Moore Lappé, "AlterNet.org".
" The Crisis of Neoliberalism: PartI.",GÉRARD DUMÉNIL, "realnews.org".
" The Crisis of Neoliberalism: PartII.", GÉRARD DUMÉNIL, "realnews.org".

* A Closer Look:
" The Social Contract", Laurence S. Seidman, " Economic Parables & Policies".
"A Moral Economy",  Fred Block,"The Nation"
" What Obama Must Do",  Paul Krugman, "Rollling Stone.com".
" Market-Driven Hysteria and the Politics of Death",  Henry A. Giroux, "Truthout.org".
" Market Fundamentalism vs. Moral Economy",Fred Block, "Longview Institute".
" The Shape Of U.S. Populism",  Henry C K Liu, "Asian Times.com".
" Social-Economic Justice",  Ekins & Max-Ned,"Real-Life Economics".
" Standing Up For Moral Value of Economic Justice",  Michael Zweig, "Baltimore Sun".
"Path to a New Economy", "Yes Magazine".

* Video:
" Heat", Frontline, "PBS".
" Venture Capitalists Look to Green Businesses for Boom",  "News Hour","PBS"
" Infrastructure May Be the Key to Boosting Economy",  NewsHour, "PBS".
“ Agenda for a New Economy”,  David C. Korten, "DemocracyNow".
" The Green Collar Economy”,  Van Jones, "DemocracyNow.org".
" Close To Home", Frontline, "PBS".
" The Madoff Affair", Frontline, "PBS".
" Inside the Meltdown", Frontline, "PBS".
" A Dangerous Business", Frontline, "PBS".
" The Hidden Cost of War", "Information Clearing House.org"

* Library: "  Capitalism"
" The Predator State", James K. Galbraith, 2008.
" Supercapitalism", Robert B. Reich, 2008.
" Good Capitalism, Bad Capitalism", W. Baumol, R. Litan, C. Schramm, 2009.
" Turbo Capitalism", Edward Luttwak, 2000.
" Capitalism 3.0", Peter Barnes, 2006.
" The Soul of Capitalism", William Greider , 2006.
" After Capitalism", David Schweickart, 2002.
" Economic Justice and Democracy", Robin Hahnel, 2005.
" America Beyond Capitalism", Gar Alperovitz, 2005.


"   How Are We Doing?  "

"We made too many wrong mistakes."
Yogi Berra


III. "  GDP, Employment, Prices  "


* Vision:
" The 'Thing' Economy and The 'Care' Economy", Fred Block, "Alternet.org".
" Genuine Progress Indicator",  "Redefining Progress.org"
" Different Age Groups, Different Recessions"Rich Morin and Paul Taylor ,"Pewsocialtrens.org"
" Sustaining Recovery Medium-term Prospecrts and Polocies for the U. S. Economy" ,"Levy Economics Institute"
" The Second Decade", Michael Klare,"Truthout.org"

* Update:
" Millions of Unemployed Face Years Without Jobs ", Peter Goodman,"New York Times".
" Even in a Recovery, Some Jobs Won't Return",  Justin Lahart, "Wall Street Journal"
" Who Broke America's Job Machine?", Barry Lynn & P. Longman, "Washingtonmonthly.com".
" At Closing Plant, Ordeal Included Heart Attacks", Michael Lou, "Nytimes.com".
" 'No Labor Market Recession For America's Affluent', Low-Wage Workers Hit Hardest" , "Center for Labor Market Studies".
" Growing Underclass",  ,Catherine Rampell "New York Times"
" Recovery Without Employment", Nicolas Baverez "Truthout.org"
" U.S. Economy Started to Grow Again in the Third Quarter",  "New York Times"
" Recovery and Reinvestment 101" , "Americanprogress.com".
" The Worst is yet to Come: Unemployed Americans Should Hunker Down for More Job Losses" ,  "Nouriel Roubini's Global EconoMonitor"

* Data Tool Kit:
" ECONOMAGIC",
   "Economagic.com"
" CURRENT ECONOMIC DATA",
   "MartinCapital.com"
" FED VIEWS" The Fed,"www.frbsf.org".
" Dr. Yardeni's Economic Network", "yardeni.com".
" Economy Track" , "epi.org".
" Economic Indicators", "epi.org".
" The Fed's Indicators", "www.newyorkfed.org".
" U.S. Economic Accounts", "Bureau of Economic Analysis"
" Labor Market Indcators",  "Bureau of Labor Statistics"
" FRED", "Federal Reserve Economic Data".
" Alternative Indicators", "ShadowStats.com".
" Market Watch",  "marketwatch.com"
" Data Library,  "FreeLunch.com"
" News N Economics",  "newsneconomics.com"

* Video:
" How to create 18 million jobs" Part I.,  ,"therealnews.com"
" How to create 18 million jobs" Part II.,  ,"therealnews.com"
" Unemployment Hits 26-Year High Despite Economic Growth",  NewsHour,"PBS"
" Incentives for Recovery",  dean Baker,"firedoglake.com"
" Freelancers Struggle As Unemployment Worsens in U.S.",  NewsHour,"PBS"
" New Ideas for Economic Stimulation",  Dean Baker and John Nichols,"GRITtv"
" Gloomy Job Numbers signal New Woes For Economy",  NewsHour,"PBS"
" Video Reporte: Focus Recession",  Leo Panitch,"Real News Network"

* A Closer Look:
" Dr. Econ talks Unemployment", Dr. Econ,"www.frbsf.org".
" 18 Million Jobs by 2012 ",Robert Pollin, "thenation.com".
" Franklin Delano Roosevelt: Speech at Madison Square Garden (October 31, 1936) ", "Miller Center of Public Affairs".
" What can the crisis of U.S. capitalism in the 1970s teach us ...?" , Alejandro Reuss,"Dollars & Sense".
" If America is Richer, Why Are its Families So Much Less Secure?", Peter G.Gosselin, "Los Angeles Times".
" The Poor Have More Things Today- Including Wild Income Swings", Peter G.Gosselin, "Los Angeles Times".
" How Just a Handful of Setbacks Sent the Ryans Tumbling Out of Prosperity", Peter G.Gosselin, "Los Angeles Times".
" The Source of the Statistics and How They Were Analyzed", Peter G.Gosselin, "Los Angeles Times".
" How the Government Measures Unemployment " , "Bureau of Labor Statistics".
" Alternative Measures of Labor Underutilization," "Bureau of Labor Statistics".

* Library: "  Prosperity Progress Report "
" The Value of Nothing", Raj Patel, 2009.
" The Politics to the Solar Age: Alternatives to Economics", Hazel Henderson, 1988.
" Prosperity Without Growth: Economics for a Finite Planet", Tim Jackson, 2009.
" The Confiscation of American Prosperity",Michael Perelman , 2010.
" Capitalism Hits the Fan", Richard D. Wolff, 2010.
" Moving Forward: Program for a Participatory Economy", Michael Albert, 2000.
" Parecon: Life After Capitalism", Michael Albert, 2003.
" Real Utopia: Particapatory Society for the 21st Century",Chris Spannos, 2008.


"   A Very Special Variable  "

"When you come to a fork in the road, take it."
Yogi Berra

IV. "  Profit, Wages, Interest, Rent  "

* Vision:
" How Low-Wage Jobs Damage Us All", Beth Shulman, "The Betrayal Of Work".
" American Jobs Plan" Economic Policy Institute, "epi.org".
" Dangerous Metaphor: The Fiction of the Labor Market" , James K. Galbraith, "levy.org".
" Toward Living Wages In The Modern Era", Henry C K Liu, "Asian Times".
" The Role of Profit in the Leading Indicator System", Norman Frumkin, "Tracking America's Economy".
" High Wages, Low Wages, and Moraliy", David R. Francis, "Christian Science Monitor".

* Update:
" Americans Want to Get Back to Work: Why Won't the Gov't Hire Them?", "Huffingtonpost.com".
" Thoroughly Modern Marx: Part I. ", Leo Pantich, "therealnews.org".
" Thoroughly Modern Marx",  Leo Pantich, "ForeignPolicy.com"
" Worst Jobs in 2010",  "HuffingtonPost.com"
" Economi Elite vs People of the USA Part I.", David Degraw "Alternet.org"
" Fordism", Michael Harrington, "The Next Left"
" Reclaiming Public Values in the Age of Casino Capitalism",  Henry Giroux,"Truthout.org"
" How Supply Side Economics of a Low Tax Regime Pushes Down Wages",  Henry C.K. Liu,"HenryLiu.com"

* Video:
" The Value of Nothing: How to Reshape Market Society and Redefine Democracy", Raj Patel, "DemocracyNow.org".
" Older Workers Face New Challenges in Tough Job Market", NewsHour, "PBS".
" Are Musicians Laborers or Entrepreneurs?", Laura Flanders, "GTRITtv".
" Organizing the Poor",  Steve Williams,"Real News Network"
" Iowa Farmers Squeezed by Belt Tightening",   NewsHour ,"PBS"

* A Closer Look:
" Minimum Wage and the Human Commodity", John Buell, "CommonDreams.org".
" Unemployment", "Wikipedia"
" Farewell to Jobs",   Jill Fraser, "TomDispatch.com"
" For Ex-Offenders, Older Workers, Uneducated, Jobs Even Harder to Find", Halimah Abdullah, "McClatchy Newspapers".
" Jobless statistics overlook many", Sam Zuckerman, "SFGate.com".
" Major Trends in Employment: College Graduates Now Facing Higher Unemployment,....", "MyBudget360.com".
" Recession Finds Even Those With Jobs Losing Pay", Christopher Leonard, "HuffingtonPost.com"
" Labor's New Deal", Andy Stern, "The Nation".
" Labor Pick Is Good News for Workers", , "In These Times".
" Markets: Guided by an Invisivible Hand or Foot?", Robin Hahnel, "The ABCs of Political Economy: A Modern Approach".
" The Minimum Wage is the Minimum: A Call for Moral Outrage",   Sally Kohn, "CommonDreams.org"
" Minimum Wage (FAQ)", EPI Issue Guide, "Economic Policy Institute".
" Minimum Wage Raise Is Good For Business",  Holly Sklar,"Commondreams.org"
" A Model of Profit", The Levy Economic Institute, "levy.org".

* Library: "  Political Economy"
" The ABCs of Political Economy: A Modern Approach", Robin Hahnel, 2002.
" Debunking Economics: The Naked Emperor of the Social Sciences", Steve King, 2004.
" Economics for the Common Good: Two Centuries of Economic Thought in the Humanistic Tradition", Mark A. Lutz, 1999.
" Challenge of Humanistic Economics", Mark A.Lutz & Kenneth Lux, 1979.
" Adam Smith's Mistake", Kenneth Lux, 1990.
" Railroading Economics: The Creation of the Free Market Mythology",  Michael Perelman, 2006.
" Naked Economics: Undressing the Dismal Science", Charles Wheelan, 2003.
" Introduction to Political Economy", Sackrey, Schneider, & Knoedler, 2008.
" Political Economy",  John Eaton, 1963.


"  Maps & Models  "

"If the world were perfect, it wouldn't be."
Yogi Berra

V. "  Growth & Fluctuations  "

* Vision:

"Keynes for Today", Johann Hart, "Progressive.org".
" Injections & Leakages", J. Neilis & D. Parker, "The Essence of the Economy".
" Keynesianism: What It Is and Why It Still Matters", Thomas Palley, "thomaspalley.com".
" Back to Basics: Progressive Economics for the 21st Century", Thomas Palley, "thomaspalley.com".
" From Keynesianism to Neoliberalism: Shifting Paradigms in Economics", Thomas Palley, "thomaspalley.com".

* Update:
" Employment Report 4-2-10",  Spencer,"Angry Bear".
" The General Theory and the Current Crisis: A Primer on Keynes’ Economics",  Alejandro Reuss,"Dollars & Sense".
" Keynes offers us the best way to think about the financial crisis", Martin Wolf, "Financial Times".
" Macroeconomics Through Time", James K. Galbraith & W. Darity Jr., "Macroeconomics".
" Keynesian Theory", J. Neilis & D. Parker, "The Essence of the Economy".

" It's the Economists Stupid", David Kristjanson-Gural, "CommonDreams.com".


* A Closer Look:
" Ecological Macro-Economics", Tim Jackson,  "Prosperity Without Growth", 2009.
" The 'Iron Cage' of Consumerism", Tim Jackson,  "Prosperity Without Growth", 2009.
" Keyneainaism and the 'Green New Deal'", Tim Jackson,  "Prosperity Without Growth", 2009.
" Classical Liberalism", E. K. Hunt, "Property and Prophets".
" Crisis And Neoliberal Capitalism", David Kotz , "DollarsandSense.org"
" Challenging Economic Dogma", ,Mark Weisbrot, "Guardian Unlimited".
"Greed is Good: The Death of an Economic Religion", " The Existentialist Cowboy".
" What We Learn When We Learn Economics",  Christopher Hayes, "CommonDreams.org".
" Neoliberalism","Wikipedia".
" The Study of Economics and Economists",  Raymond Franklin, "American Capitalism:Two Visions"
" Alternative Economic Philosophies", Carson, Thomas and Hecht, "Economic Issues Today".
" The Role of Ideology",  R. Carson, W. Thomas, and J. Hecht, "Economic Issues Today: Alternative Approaches"
" Karl Marx's Historical Method", Ronald Meek, "Economics and Ideology".
" A Guide to Conservative Economics", Rob Weiss, "Progressive Nation".
" Ask Dr. Dollar: Radical vs. Liberal Economics" , Ellen Frank, "DollarandSense.org".
" Capitalism vs. Participatory Economy", Michael Albert & Robin Hahnel, "The Participatory Economics Project".
" Looking Over Our Shoulder ... Origins of the Modern Economy...", Robert Carson, "What Economists Know...".

* Video:
" Nobel Laureates Trace How The Economy Began to Fall Apart",  NewsHour,"PBS"
" Economists Place Their Bets With Predictions for 2009" ,  NeswHour,"PBS"
" Economists Explann Why Hints of the Economic Crisis Eluded Them",  NewsHour, "PBS".
" Marxist Geographer David Harvey on the G20, the Financial Crisis and Neoliberalism",  David Harvey, "DemocracyNow.".

* Library: "  Looking Backwards"
" Down and Out in the Great Depression: Letters from the Forgotten Man",  Robert Mcelvanine, 2008.
" Daily Life in the United States, 1920-1940: How Americans Lived Through the Roaring Twenties and the Great Depression",  David Kyvig, 2002.
" The Great Transformation",  Karl Polanyi, 2008.
" A Brief History of Neoliberalism",  David Harvey, 2007.
" The Economic Transformation of America",  Robert Helibroner & Aaron Singer, 1993.
" Capitalism and Its Economics: A Critical History ",  Douglas Dowd, 2004.
" Economics: Marxian versus Neoclassical",  Richard Wolff & Stephen Resnick, 1987.
" The Capital Limits to Capital",  David Harvey, 2006.


"Pair up in threes."
Yogi Berra


"   Money, Money, Money   "

"90% of the game is half mental."
Yogi Berra


VI. "   The Financial System  "

* Vision:
"Mamaging Credit-Money", Robert Guttmann, "Reforming Money and Finance".
"Wall Street Moves Main Street", Burton G.Malkiel, "Wall Street Journal".
"The Big Short: An Interview", Michael Lewis, "Charlie Rose".
" Student Loans: The Government Is Now Officially in the Banking Business ",  Ellen Brown,"Truthout.org"
" Roosevelt Institute Celebrates A New Agenda for America",, "Huffingtonpost.com".
"Revolution and Counterrevolution",Galbraith & Darity , "Macroeconomics".


* Update:

"The Volker Rule", President Obama, "Volkerrule.com".

* Update:
"Anatomy of casino capitalism: Pt.1", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.2", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.3", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.4", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.5", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.6", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.7", Jane D'Arista, "RealNews.org".
"Anatomy of casino capitalism: Pt.8", Jane D'Arista, "RealNews.org".

* Video:
"Crackdown Targets Banks Deemed 'Too Big to Fail'", ,"PBS".
"Inside The Banking Crisis", Simon Johnson & James Kwak (Part I,II), "Bill Moyers Journal".
"An Economist Speaks Out On Our Economy and Our Future", James K. Galbraith, "Bill Moyers Journal".
" The Financial Crisis: Interviews ", Charli Rose, "CharlieRose.com".
"George Soros: Open Society, the Financial Crisis, and the Way Ahead", ,"Open Society Institute".
"High Noon: Geithner v. The American Oligarchs." Bill Moyer,"Bill Moyer Journal".
" A Hidden $34 Billion Bank Subsidy? ", Dean Baker, "DemocracyNow.org".
"Bailed-Out Banks Should Be Declared Insolvent", James K.Galbraith, "Democracy Now.org".
"Sold Out", Robert Weissman,"DemocracyNow.org".

* "The Fed"
"FED Chairman Game", www.frbsf.org.
"Fed 101", The Federal Reserve.
"How The Fed Works", "money.howstuffworks.com".
"Modern Money Mechanics", The Federal Reserve.
"The '12' Federal Reserve Districts", The Federal Reserve.
"The Board Of Governors Of The Federal Reserve Sywtem", The Federal Reserve.

* A Closer Look:
"Don't Be Stupid with the Economy", Den Baker, "The Guardian/UK".
"Fixing the Fed", William Greider, "The Nation".
"Shifting the Burden From Main Street to Wall Street: Why We Need a "Tobin Tax",,Ellen Hodgson "Truthout.org".
"Setting an Agenda for Monetary Reform", Jane D’Arista, "Political Economy Research Institute".
"What's so Bad About a Banker Brain Drain?", Gerald Epstein, "Truthout.org".
"Nationalize th Banks! We're All Swedes Now", M. Richardson & Nouriel Roubini, "Washington Post".
"Chorus Grows: Nationalize the Banks",Joe Nocera, "The International Herald Tribune".
"On Going Coverage of the Financial Crisis", "Dollarsand Sense.org".
"Financialization: A Primer", Ramaa Vasudevan , "DollarsandSense.org".
"The Financial Sector: "A House Burning Down"" Prof. Michael Hudson, "Informationclearinghouse.info".
"FIRE Economy in Crisis I", Michael Hudson, "MichaelHudson.com".
"FIRE Economy in Crisis II",Michael Hudson, "MichaelHudson.com".
"Speculative Bubble", "SpeculativeBubble.com".

* Connections:
"The Growing Movement for Publicly Owned Banks", Ellen H. Brown, "Yes! Magazine.com".
"Lessons From The Wizard Of Oz", Ellen H. Brown, "Webofdebt.com".
"Revive Lincoln's Monetary Policy:...." ", Ellen H. Brown, "Webofdebt.com".
" The Retreat of the Shadow Lenders:....,  Ellen H. Brown,"Webofdebt.com"
"LessonsFrom the Japanese: Time to Stop Borrowing Money and Start Printing It" , Ellen H. Brown, "Truthout.org".
"High Noon: Geithner v. the American Oligarchs"Bill Moyer ,"Truthout.com".
" 12 Deregulatory Steps to Financial Meltdown ",Robert Weissman , "CommonDreams.org".
"Notes on the Financial Crisis, #1", Tom Weisskopf, "DollarsandSense.org".
"Notes on the Financial Crisis, #2", Tom Weisskopf , "DollarsandSense.org".
"Notes on the Financial Crisis, #3", Tom Weisskopf , "DollarsandSense.org".
"Wall Street's Final '08 Toll: $6.9 Trillion Wiped Out",Renae Merle , "Washington Post".
"Global Crisis Orientation", ,"The Baseline Scenario.com".
"Speculation & The Stock Market", George P. Brockway,"The End of Economic Man".
"Interest", George P. Brockway, "The End of Economic Man".
"Comment on Marx's Theory of Money and Alienation",  "Economics.about.com".
"The Loanable Funds Model", Gary Evans, "Introduction to Macroeconomics".
"Banks and Rates", Stephen Rousseas, "Post Keynesian Monetary Economics".
"How The Bond Market Works", Olivar Blanchard, "Macroeconomics".
"Bonds: Prices & Rates", Frederick Mishkin,"The Economics of Money, Banking, ...".

* Library: "  Money & Credit"
" The Web of Debt",  Ellen Hodgson Brown, 2008.
" How Credit-Money Shapes The Economy",  Robert Guttmann, 1994.
" The Fed",  Martin Mayer, 2002.
" The Bankers",  Martin Mayer, 1998.
" Frozen Desire: The Meaning of Money",  James Buchan, 2001.


"   The 'ABCs' of Stabilization Policy  "
"You don't look so hot yourself."
Yogi Berra

VII. "   Monetary Policy & Fiscal Policy  "

A. "  AD & AS  "

"Sometimes you have to get lost to find yourself."
Yogi Berra

* Vision:
"A Devastating Economic Crisis Unfolds", , "GreenLeft.org".
"Recession on track to be longest in postwar period", Deb Riechmann, " HuffingtonPost.com".
"Introduction to Business Cycles", Gary Evans "Macroeconomics".
"Aggregate Demand" & "Aggregate Supply" Model, Gary Evans, "Macroeconomics".
"Economic Models", Gary Evans, "Macroeconomics".
"The Supply Side", St. Louis Federal Reserve, "Economic Review".

B. Monetary Policy
"It's not so far, it just seems like it is."
Yogi Berra

* Vision:
"The Federal Reserve and The Control Of Money", James K. Galbraith, "Macroeconomics".
" A Radical Plan For Funding The New Deal",  Ellen Brown, "CommonDreams.org".
"Increased Saving Isn't Key to Stimulating Investment", David Gordon, "LA Times".
"The End of the Age of Milton Friedman Part 1", Jeff Madrick, "HuffingtonPost.com".
"The End of the Age of Friedman, Part 2", Jeff Madrick, "HuffingtonPost.com".

* Update:
"Why the Fed is in the dark: The shadow money stock", "Demand Side Blog".
"Transcript: 377 How to measure financial fragility", "Demand Side Blog".
"Bernanke Tells Commission Budget Deficit May Raise Rates", Joshua Zumbrun, "Bloomberg".
"Cautiously Optimistic Fed Holds Rates Fast" , "msmbc.com".
"Fed Points", The Federal Reserve of New York.
"Fed Views:Economic Data and Research", John C. Williams, "Federal Reserve Bank of San Francisco".
"The Federal Reserve System:Purposes & Functions", The Federal Reserve System.
"The Money Supply" , The Federal Reserve of New York.
"Open Market Operations" , The Federal Reserve of New York.
"Discount Window" , The Federal Reserve of New York.
"Reserve Requirements" , The Federal Reserve Board.
"Fed Funds" , The Federal Reserve of New York.

* A Closer Look:
"The People Speak — Wall Street Owns the Country", Kathleen Chalfant , "History.com" .
"The End of the Financial World as We Know It", Micheal Lewis and David Einhorn, "New York Times" .
"How to Repair a Broken Financial World", Micheal Lewis and David Einhorn, "New York Times" .
"Monetary Theology" Henry C K Liu , "AsianTimes.com".
"Fictious Economy I.",Michael Hudson, "MichaelHudson.com".
"Fictious economy II.",Michael Hudson, "MichaelHudson.com".
"Beyond Bailouts: On the Politics of Education After Neoliberalism" ,Henry A. Giroux "Truthout.org" .
"Stop the Rate Cuts, They Don’t Work", Craig Harrington, "Economy in Crisis.org".

* Video:
“ Breaking the Bank" , Frontline, "PBS".
“ Fed Struggles with Perceptions of Transparency", Frontline, "PBS".
“ In Forum, Bernanke Says Fed Was Late Addressing Subprime Crisis", Frontline, "PBS".
“ Bernanke Reflects on Fed's Aggressive Actions ", Frontline, "PBS".
“ Bernanke Signals Slow Recovery, Defends Fed's Powers", Frontline, "PBS".
“ Bernanke Details Stimulus Exit Plan to Congress", Frontline, "PBS".
“ The Warning", Frontline, "PBS".
“The Myth of Free Trade and the Secret History of Capitalism”, Economist Ha-Joon Chang "DemocracyNow.org".
" ...AIG Bonuses, the “Backdoor Bailout” and Why Obama Should Fire Geithner, Summers", Robert Sheer, "DemocracyNow.org".

* Library: "  Crisis: Today and Yesterday "
" Plunder nand Blunder: Rise and Fall of the Bubble Economy",  Dean Baker, 2009.
" The New Paradigm For Financial Markets",  George Soros, 2008.
" The Great Financial Crisis: Causes and Consequences",  John Bellamy Foster & Fred Magdoff, 2009.
" Manias, Panics, and Crashes: A History of Financial Crises",  Charles P. Kindleberger, R. Aliber, and R. Solow, 2005.
" Capitalism Hits the Fan:The Global Economic Meltdon and What to do About It",  Richard Wolff, 2010.
" The Trillion Dollar Meltdown",  Charles R. Morris, 2008.
" When Washington Shut Down Wall Street",  William Silber, 2007.

C. Fiscal Policy
"The Future ain't what it used to be."
Yogi Berra

* Vision:
"In Defense of Deficits"  James k. Galbraith,"The Nation"
"It's Not the Budget Deficit; It's the Trade Deficit", Dean Baker, "Truthout.org"
"14 Ways a 90 Percent Top Tax Rate Fixes Our Economy and Our Country", David Johnson, "Ourfuture.org"
"The Deficit and Our Children: Just the Facts"  Dean Baker, "Truthout.org"
"Budget Deficit to Hit $1.2 Trillion in Fiscal 2009"  Richard Cowan and Jeremy Pelofsky, "Truthout.org"
"The Big Fix: The Case For Public Spending",  Jame s K. Galbraith, The Levy Institute, "Levy.org"

* Update:
" 2010 US Spending Priorities: 58% to Military"  Rady Ananda,"radyananda.wordpress.com"
" Federal Budget 101: Budget Charts"  National Priorities Project,"nationalpriorities.org"
"A Citizen's Guide to the Federal Budget", Dept. of Management and Budget.

* Video:
" The Grim State of the States: Parts I, II, III",James Heintz,"therealnews.org".
" Stimulus Money Trickling Into the Classroom ", NewsHour, "PPS".
" States' Budget Woes Threaten Broad Economic Recovery ", NewsHour, "PPS".
"Economic Stimulus Moves to Senate Following House Approval", Willim Grieder , "DemocracyNow.com.
"Weapon Programs Re-Branded As Jobs Programs","Real News Network"
"Remembering J. K. Galbraith", KPBS 'NewsHour' Video, "pbs.org"

* A Closer Look:
"United State Public Debt", Wikipedia.
"United States Budget Deficit", Wikipedia.
"Policy Roundtable: The Challenge of Job Creation", Bartik, Galbraith and Wray, "New American Foundation"
"Too Little of a Good Thing ", Paul Krugman, "New York Times"
"The Bankrupt Debate Over Bankrupting Our Children",  Dean Baker, "ToughOut.com"
"Why won't Obama give you a job?",  Alec MacGillis, "Washington Post"
"More Fiscal Stimulus Is Needed to Reverse Economic Decline",  Mark Weisbrot, "TruthOut.Org"
"Reagan: The Great American Socialist",  Ravi Batra, "TruthOut.Org"
"Why You Should Be Screaming For Higher Taxes",  Larry Beinhart"Alternet.org"
" Where is Your Money Going?", , "Recovery.gov".
"A Guide to the Gov't Securities Market", Businesss Week.

* Connections:
" Deficit Commissions and Financial Transactions Taxes: Who Is Serious?"  Dean Baker,"Truthout.org"
" A Picture Worth a Thousand of Keynes’s (and my) Words." ,"The Edge of the American West"
"The Impasse Ahead" Korkut A. Erturk,"DollarsandSense.org"
"The Case For An Environmentally Sustainable Jobs Program", The Levy Economic Institute, "Levy.org."
" Good Debt, Bad Debt"  E.J. Dionne jr.,"Truthout.org"
" The New Deal in Reverse"   Steve Fraser,"Truthout.org"
" A Lesson for Obama From FDR"  James Ridgeway,"ReaderSupportedNews.org"
" Comparing Presidents – Real GDP per Capita, late 2009 edition"  ,"Angry Bear"
" The US Fiscal Deficit: Scare Stories vs. Reality", Robert Pollin, "therealnews.com".
"Progressive Taxation: Some Hidden Truths", George Lakoff and Bruce Budne, "buzzflash.com".
"Ending the Hidden Agenda Behind Tax Cuts", Joe Brewer, "truthout.org".
"Monetary Policy Targets", Frederick Mishkin, "The Economics of Money,....".
"Old Attempts & New Ideas", James K. Galbraith & W. Darity Jr., "Macroeconomics".
.

"   The Natural Rate "   &   "   The Speed Limit "

"A nickle ain't worth a dime anymore."
Yogi Berra

VIII. "  Inflation & Unemployment  "
              
[ Chapter 28 ]
* Vision
"A Brief Primer on Inflation", B. Bluestone & B. Harrison,"Growing Prosperity".
"The Fear Of Full Employment",George Brockway, "Economists Can Be Bad for Your Health".

* Update:
"Black Americans face higher joblessness", , "RealNews.org".
"Out of Work in the US", , "RealNews.org".
"Down And Out Of Work: The High Cost Of Long-Term Unemployment", Laura Bassett, "HuffingtonPost.com".
"Soaring Unemployment in California", "GlobalReasearch.ca".
"Greenspan's Nightmare Is Much of the World's Dream",  Mark Weisbrot,"The Guardian"
" On That Misleading Unemployment Rate Statistics (Once Again)",  "EconoSpeak"
" How the Government Measures Unemployment ", "Bureau of Labor Statistics".
" Alternative Measures of Labor Underutilization," "Bureau of Labor Statistics".

* Video:
"Does a Higher Minimum Wage Reduce Jobs? (10-7-10) ",Arindrajit Dube, "RealNews.org".
" Philadelphia Adjusts as Manufacturing Fades", NewsHour, "PPS".
" Financial Woes, Layoffs Plaguing D.C. Schools", NewsHour, "PPS".
" December Job Losses Compound Economic Woes",  NewsHour,"PBS"
" Soaring Job Losses May Signal Deepening Recession",  NewsHour,"PBS"

* A Closer Look:
"The Stagnating Labor Market: 9-10-10", Arjun Jayadevm and Mike Konczal, "The Roosevelt Institute".
"The Spector Of Inflation", R. Heilbroner & Lester Thurow, "Economics Explained".
"Inflation Calculator", Bureau of Labor Statistics.
" History of Clifornia's Minimum Wage", Dept. of Industrial Relations,"Ca.org".
"Ego Inflation", James K. Galbraith, "MotherJones.com".
"Inflation", George Brockway, "Economists Can Be Bad for Your Health".
"Economic Trends Analysis", The Market Oracle.

$ Dr. Dollar $
'Q&A'


"   Our Global Economy "

"We're lost, but we're making good time!"
Yogi Berra

IX. "   Globalization   "
       [ Chapters 29 & 30 ]


* Vision:
"Global Economy 101", "GlobalExchange.com"
"US Downturn Dragging World Into Recession", Anthony Faiola, "The Washington Post"
" Taming Global Capitalism Anew", Stiglitz, Lee, Hutton, Galbraith, Faux, Rogers, Andrews and D'Arista, "The Nation".
"World Bank Says Global Economy Will Shrink in ’09 ", Edmund L. Andrews, "New York Times"
"Our Three-Decade Recession", Robert Costanza, "Los Angeles Times"
"How Business Can Save the World",Matthew Battles, "Boston Globe.com"
" Beyond the Bailout: Agenda for a New Economy",  David C. Korten, "Yes Magazine.org".

* Update:
"Exchange Rates",  "x-rates.com"
"Can US dollar remain world's currency? Pt.1",  Jane D'Arista"RealNews.org"
"Can US dollar remain world's currency? Pt.2",  Jane D'Arista"RealNews.org""
"Can US dollar remain world's currency? Pt.3",  Jane D'Arista"RealNews.org""
"Can US dollar remain world's currency? Pt.4",  Jane D'Arista"RealNews.org""
"Euro on way to a crash?",   Jayati Ghosh, "Real News.org"
" Dollar Hits a 14-Year Low Versus the Yen ",  Hiroko Tabuchi, "New York Times"
" The Dollar: Dive or Survive? Part I.",  Leo Panitch, "RealNewsNetwork.com"
" The Dollar: Dive or Survive? Part II. ",  Leo Panitch, "RealNewsNetwork.com"
" Dan Kammen's Copenhagen Climate Congress plenary Address", Dan Kammen, "UC Berkeley"

* Video:
" US Supported Economics Spurred Mexican Emigration: Part I, II." Don La Botz, , "RealNews.org"
" Dollar's Weakness Inspires Modern-day Gold Rush ",  NewHour, "PBS"
" India's Economy Remains Robust Despite Global Downturn ",  NewHour, "PBS"
" U.S., China Explore Deeper Ties as Partners, Contenders",   , "News Hour, PPS"
" The Shock Doctrine: Naomi Klein on the Rise of Disaster Capitalism",  Naomi Klein, "DemocracyNow.org".
" Hoodwinked",  John Perkins,"DemocracyNow.org"
" Confession Of An Economic Hit Man",  John Perkins, "DemocracyNow.org"
" Readings From Howard Zinn's "Voices of a People's History of the United States",  "DemocracyNow.com"

* A Closer Look:
"Dollar hegemony against sovereign credit ", Henry C K Liu  , "Asian Times".
" Dollar Crisis In The Making", Joseph Stroupe, "Asiantimes.com".
"The Economics and Politics of Trade Deficits",   Thomas Palley, "thomaspalley.com".
"Where Do U.S. Dollars Go When The U.S. Runs A Trade Deficit?",  Ellen Frank, "dollarsandsense.org".
" From Global Financial Crisis to Global Recession, Part I",  Jack Rasmus, "Z communications.org"
" From Global Financial Crisis to Global Recession Part II",  Jack Rasmus, "ZCommunications.org"
"What Cooked the World's Economy", James Lieber , "Truthout.org".
" The Financial Sector: A House Burning Down" , Prof. Michael Hudson , "informationclearinghouse.info.

* Connections:
"Obama's South American Reality Check ", Mark Weisbrot, "The Guardian/UK".
"Free, Free at Last", John Miller, "dollarsandsense.org".
"U.S. Should Form a Marshall Plan for Latin America",  Andrew Reding, "Los Angeles Times".
"Democratizing the Global Economy",  "Global Exchange".

* Library: "  Globalization Examined"
" The Rise of China......",  Minqi Li, 2008.
"Super Imperialism", Michael Hudson,2003.
" Managing Mexico: Economists from Nationalism to Neoliberalism ",  Sarah Babb, 2001.
" Open Veins of Latin America",  Eduardo Galeano, 1997.
" American Empire and the Political Economy of Global Finance",  Leo Panitch & Martin Konings, 2009.
" The Economics of Global Turbulence",  Robert Brenner, 2006.
" Alternatives to Economic Globalization",  John Cavanagh & Jerry Mander, 2004.
" Making Globalization Work",  Joseph Stiglitz, 2007.
" Globalization and Its Discontents",  Joseph Stiglitz, 2003.


"It ain't over til it's over!"
Yogi Berra




~.~