Jared Bernstein: Financial Market Oversight, Economic Recoveries, and Full Employment: Some Crucial Linkages

“The way to make a train go fast is to keep it from going slow.”
July 29th, 2014 at 2:59 pm

That bit of Zen was told to me by one of the nation’s foremost rail experts back when I worked on that issue. He was explaining that part of developing a high-speed rail system entails straightening out existing curves in the track. But to me, it’s become a metaphor for the importance of financial market oversight.

Continue reading Jared Bernstein: Financial Market Oversight, Economic Recoveries, and Full Employment: Some Crucial Linkages

What Does the Democratic Party Actually Believe? | The Nation

By William Greider

To put it crudely, the dilemma facing the Democratic party comes down to this: Will Dems decide next time to stand with the working people, or will they stick with their big-money friends in finance and business? Some twenty years ago, Bill Clinton taught Democrats how they can have it both ways. Take Wall Street’s money—gobs of it—while promising to govern on a heart-felt agenda of “Putting People First.”

Continue reading What Does the Democratic Party Actually Believe? | The Nation

Une société sans croissance: la politique à l’heure de la «grande stagnation» | Slate fr

Limits of growth / net_efekt via Flickr CC
Fabien Escalona    [bing_translator]

L’entrée des démocraties occidentales dans une ère sans croissance paraît de plus en plus crédible. Or, le triomphe de l’Etat nation libéral-démocratique et social a été profondément lié aux «Trente Glorieuses». Que peut-on en attendre pour l’avenir de nos régimes politiques? Continue reading Une société sans croissance: la politique à l’heure de la «grande stagnation» | Slate fr