13 Jul 2014

Piketty’s Ugly Projection for US Inequality

If the system is immoral, why should anyone act morally?

06 Jul 2014

The Political Decision in Hobby Lobby

Hobby Lobby is a terrible decision, and the underlying politics poke through the charade laid out in Samuel Alito’s opinion. People are right to be outraged, and it’s only going to get worse if the calmer-downers get people to shut up.

29 Jun 2014

Things in Politico That Make Me Want to Guzzle

How is democracy supposed to work when so many people are so angry and hostile even to suggestions about change?

22 Jun 2014

Piketty and His Critics Chapter 3: Galbraith

Piketty attacks inordinate wealth directly. Galbraith leaves it intact and hopes that some combination of traditional programs will reduce it and it’s associated power.

15 Jun 2014

Pope Francis Reminds Us That Capitalism Has an Ugly Face

We should be listening to Pope Francis. He’s looking at the forest, while we aren’t even able to talk about trees.

08 Jun 2014

What Did We Get For All That Money

We never learn from history. We repeat the same stupid mistakes century after century.

01 Jun 2014

Piketty’s Perfectly Plausible Proposal

The people who call Piketty’s ideas utopian and impossible are making real change impossible.

I hope you’ll be able to help us by chipping in on our fundraiser.

28 May 2014

Piketty and His Critics Chapter 2 and Let’s Keep FDL Up

I hope people can drop a few coins in the collection plate when it comes by. The homily today addresses the mental universe of another servant of the filthy rich.

25 May 2014

Piketty and His Critics Chapter 1

The media buzz over Thomas Piketty’s Capital in the Twenty-First Century is dying down, replaced by media buzz about a musician marrying an heiress and Stress Test by Timothy Geithner, the equivalent silliness for the rest of us. The chatter from ill-prepared journalists and pundits is being replaced by more substantive discussions from people who have actually read the book and comprehended what they were reading.

Piketty’s argument is that as long as the rate of return to capital exceeds the rate of growth in the economy, there will be an increase in inequality.

18 May 2014

Democrats Try to Cope With Piketty

Apparently the Democratic Party intends to continue its massive irrelevance to the lives of the working and middle classes.