Tag Archives: Economics

Greg Moses : American Hindoonomics (A Mood Piece)

Lakshmi is the Hindu Goddess of wealth and prosperity, both material and spiritual. Image from Yoga USA.A Mood Piece:American Hindoonomics Comes a time as Thoreau sez when the friction invents the machine and what you smell is value turned wrong … Continue reading

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Roger Baker : Karl Marx, the Tea Party, and our Political Economy

A Tea Party take on the economy. Photo from the Los Angeles Times.The shifting currents ofOur political economy By Roger Baker / The Rag Blog / June 23, 2010 Marx used to refer to what we now call the “economy” … Continue reading

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Jordan Flaherty : Cultural Extinction and the Deepwater Spill

Photo of Bayou Pointe-au-Chien from a backyard in the Louisiana Indian community. Photo by Jordan Flaherty / The Rag Blog.Cultural extinction and the Deepwater spill Louisiana’s coastal communities fear they may never recover from BP’s drilling disaster. By Jordan Flaherty … Continue reading

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Roger Baker on Austin’s Economy : Big Picture Not So Pretty?

Austin: as pretty as a picture. But what about the economy? Image from Nerd Fighters.Filling in the big picture:Wither Austin’s economy? By Roger Baker / The Rag Blog / June 9, 2010 The Bureau of Labor Statistics (BLS) just released … Continue reading

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Greed Exposed : The ‘Naked Credit Default Swap’

“Greed” (2006). Mixed media from natalie.org.What they are and why they should be banned:Naked Credit Default Swaps By Ted McLaughlin / The Rag Blog / May 21, 2010 Don’t let your eyes glaze over and stop reading this post because … Continue reading

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Roger Baker : The Economic Side Effects of Peak Oil

Image from Urban Sprout.Resource economics:It’s not just about peak oil anymore By Roger Baker / The Rag Blog / May 17, 2010 Anyone broadly devoted to the study of resource economics and peak oil sooner or later has to break … Continue reading

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Creative Engagement : How About a Public Option for Jobs?

Capitalism knows best? How about creating some jobs. Image from Beyond TV.Answering economic atrophy:A public option for jobsBy Greg Moses / The Rag Blog / May 16, 2010 Creative destruction is one way to say it. In order for capitalism … Continue reading

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Budd Saunders : Barack Obama and the Hog:Corn Ratio

Hog:corn ratio. These handsome creatures were headed to market due to high corn prices. Photo by Mark Steil / Minnesota Public Radio.No jake brakes:The Palin shriek, and the hog:corn ratio By Budd Saunders / The Rag Blog / May 16, … Continue reading

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Greg Moses : The Sound of Un-Hatched Chickens Crashing

Generation Payback:The cash value of capitalism By Greg Moses / The Rag Blog / May 9, 2010 Confronted on Tax Day by satellite visions of free market capitalism led by the American Tea Party, global investors began to exit the … Continue reading

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Employment Crisis : Inequality and the Global South

How it impacts workers:Transformation in the Global South The end product… has been increasing global inequality in wealth and income and the continuation of massive poverty, powerlessness, and precariousness. By Harry Targ (with David Cormier) / The Rag Blog / … Continue reading

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Harry Targ : The Theory of Bagel Capitalism

Political theory and the tower of bagel. Image from Neurotopia.Bagels and the theory of capitalist development I think Marx had a pretty good analysis of how capitalism works but even I recognize that his theory did not adequately come to … Continue reading

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Harry Targ : How the Ruling Class Rules

Image from La Revue Gauche.The new class society:How does the ruling class rule? By Harry Targ / The Rag Blog / February 23, 2010 The substructure In an effort to teach and reflect more systematically about class rule in the … Continue reading

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