Tuesday, September 13, 2016

DAY TWO

GREAT NEWS MEDIAN HOUSEHOLD INCOME RISES

In the first hour we will discuss rent-seeking, Powell's memorandum to the National Chamber of Commerce, and the deep state. If a class member wants to present their own topic, time will be made available. (Powell ref.)

In the second hour we will discuss the text pp. Introduction - 88 with emphasis on the five building blocks of capitalism. We may
watch Michael Sandel's TED talk.

You might wanto read the lenghthy article by  Bill MoyersWe, the Plutocrats vs. We, the People: Saving the Soul of Democracy

Alan suggested we should read this:
http://www.mauldineconomics.com/frontlinethoughts/negative-rates-nail-savers

Here are my comments on Response to Alan's page.

Because of my difficulties with the computer we did not get a chance to see billionaire Nick Hanauer's TED Talk  on how the rich do not create jobs.