Patrick Radden Keefe’s Empire of Pain: the secret history of the Sackler dynasty is one of the most upsetting, important books I have ever read. If you want to learn how America’s opioid crisis began and you aren’t afraid to be horrified by the corruption and dysfunction in American government, Empire of Pain is a must read.
Benjamin Carter Hett’s The Nazi Menace: Hitler, Churchill, Roosevelt, Stalin and the road to war paints interesting pictures of what was happening in all four nations in the years leading ups to World War II.
A Game as Old as Empire builds on Confessions of an Economic Hitman. Edited by Stephen Hiatt, A Game as Old as Empire is a collection of essays by people who are confessing their participation in the abuse of people around the world committed by governments and corporations working together.
Over a decade old, some of the data presented in A Game as Old as Empire is no longer accurate. Some of the programs described have been changed or deleted. But the book is a critical contribution to our understanding of the ways governments, especially the United States, abuse and exploit people at the behest of multinational corporations.
The verdict for this episode is: the deficit of the United States doesn’t matter.
I discuss how each president for the last 92 years with the exception of Clinton has added to the deficit. I also show how the drivers of deficits are military spending and tax cuts for the wealthy and corporations.
The Price of Peace is Zachary Carter’s look at the life and ideas of economist John Maynard Keynes. While economics can often be a boring subject, I found The Price of Peace to be an important, educational read.
Stephanie Kelton’s The Deficit Myth is one of the most thought-provoking books I have read in years. Setting aside the fact that this reality indicates I’m a nerd, The Deficit Myth is an important contribution to our understanding of the economy and government’s involvement in the economy.
In the era of rising government debt, it is worth understanding the history of the gold standard. I’m guessing some of you will be surprised by how the gold standard came and went over time.
The Natural Rate of Unemployment (NARU) is something really worth thinking about while millions go jobless in the era of coronavirus.
I have been resisting writing this post for months. I kept telling myself Andrew Yang isn’t worth the trouble. But he keeps fooling too many. He distracts from important debate topics by smugly asserting nonsense. So, I can’t resist any longer.
Most people know the ever-increasing wealth gap between the rich and the poor in America is a huge, embarrassing problem. Demonstrating the stupidity of Yang’s ideas only requires us to agree on two things: anything that gives the wealthy more is stupid; anything that makes the rest of us pay more is stupid. With those agreements established, let’s look at Yang’s ideas.
Nancy McLean’s Democracy in Chains should be read by anyone interested in understanding the radical right. Democracy in Chains highlights the complete lack of morality that exists within radical libertarians. The book chronicles their decades-long support for racism, voter suppression, and even murderous dictatorships. As Democracy in Chains makes clear: the radical libertarian movement cares about nothing beyond their ability to make money and control wealth. Everything from our lives to our government should be sacrificed so they can possess as much as possible.