Wealth inequality madness: tax policy is made by the few for the few at the expense (and with the support) of the many (video)

Any time a politician, or any public figure for that matter, tries to discuss the subject of wealth and income inequality they are immediately castigated in the right-wing media as being engaged in “class warfare“. Even president Obama, who had …

The FT’s take-down of Thomas Piketty is no Thomas Herndon moment (video)

Almost exactly a year ago, the core argument used by right-wingers around the world to justify accelerated budget deficit reduction, Reinhart and Rogoff’s “Growth in a Time of Debt”, was fatally undermined by Thomas Herndon, an economics graduate student, when he …