Monthly Archives: February 2014

How sincere is Mr. Kerry about climate change?

February 27, 2014

Speaking to students in Jakarta, Indonesia, US Secretary of State, John Kerry, declared a few days ago that climate change is the world’s “most fearsome” weapon of mass destruction. Likening climate change to terrorism, Kerry stated that “It doesn’t keep us safe if the United States secures its nuclear arsenal while other countries fail to … Read More

What Should I Read?

February 25, 2014

Over at Heterodox Microeconomics Research Network they have a thorough list of academic publications that are relevant to heterodox theories of capitalism. The list covers the following subjects: 1. History and Methodology of Heterodox Microeconomics 2. Critiques of Mainstream Microeconomics 3. Principles of Heterodox Microeconomic Theory 4. Theory of the Business Enterprise 5. Structure of Production … Read More

US Department of Justice Increasingly Resorts to “Private” Negotiations

February 13, 2014

Since 2012, the U.S Department of Justice has launched a series of private negotiations with Wall Street banks relating to their involvement in the 2008 financial crisis. The DoJ made headlines this November when it struck a record $13b settlement with JP Morgan for allegations of fraud in the sale of mortgage-backed securities. The deal … Read More

The President and the Tech Giants

February 4, 2014

In an interesting piece for the Financial Times, Christopher Caldwell assesses Obama’s declaration to ‘go it alone’ in light of the ‘obstructionist Republican agenda’ in the US Congress. In a recent State of the Union address, Obama pledged a year of action, one that would see the president push for major policy reforms with or without congressional support. The passing of … Read More

The Weekly Sabotage: Week 5

February 3, 2014

The Constitution of the United States of America It is by now fairly clear that the Congress of the United States is a ‘do-nothing’ Congress populated by 268 millionaires (out of 534 lawmakers).   The job approval rating, depending on which poll we consider, hovers around 9-14%.  This is perhaps hardly surprising given that the Republican Party vowed to sabotage Democratic and … Read More