The difficulty of achieving GDP growth while reaching primary fiscal surplus targets is very evident in Greece. Avoiding rapidly escalating government debt to GDP ratios has consequently proven very challenging. Herein an alternative domestic complimentary currency is proposed in detail, the Tax Anticipatory Note, which is legal, fiscally sound, debt-free, sustainable, progressive, and growth-enabling. Unlike all "bailouts" to date, it will go to the People not the banks. A complimentary ...
President of the Henry George School and former Fortune 500 President, Andy Mazzone, and I, debated Political Economist Dr. Yanis Varoufakis, on November 9, 2013, in a TV-style multi-screen debate format from the Henry George School.
Donald Trump threatens to get off of Saudi Arabian oil, perhaps the most progressive foreign policy espoused in the presidential race, from EITHER Republicans or Democrats. Actions have good consequences, even if you're The Donald.
Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The Treason Trilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people.
Let’s get rid of private housing. Plenty of time and effort have lately gone into analyzing a host of related crises—homelessness, unaffordable urban real estate, devastating gentrification, and a housing bubble whose burst landed us in the Great Recession. But the explanations tend to be incomplete, the attributions shortsighted, and the policies rearguard.
The ability of the SDIs to commit fraud with impunity from the criminal laws is a defining element of crony capitalism. The impunity and implicit national subsidies to SDIs combine to make "free markets" an oxymoron. The SDIs' economic power translates easily into dominant political power. Crony capitalism cripples markets and democracy. The ability of the SDIs' senior officers to commit massive frauds with impunity from the criminal laws makes "control fraud" a "sure thing." Control…
(Video included) I was asked to be a co-host for a Webinar discussion by president of the Henry George School of Social Sciences in New York City, Andrew Mazzone on April 22, 2015. We discussed the views of Thomas Piketty, Yanis Varoufakis and Henry George on the economic issues of today.
A former Illinois congressional candidate and a government watchdog organization have teamed up to sue the Internal Revenue Service, claiming the agency should bar dark money groups from funding political ads. The lawsuit, filed on Tuesday by David Gill, his campaign committee and Citizens for Responsibility and Ethics in Washington, or CREW, is the first to challenge how the IRS regulates political spending by social welfare nonprofits, campaign-finance experts say.