Capital in the Twenty-first Century by Thomas Picketty, translated by Arthur Goldhammer. 685 pages. Cambridge, MA and London: The Belknap Press of Harvard University, 2014. (Original: Le capital au XXI siècle, Paris: Éditions du Seuil, 2013.) Capital in the Twenty-first Century is probably the most important book published in 2014 from the perspective of the …
OCCUPIED TUCSON CITIZEN Third in an ongoing series of irreverent profiles on Tucson’s One Percent, this time featuring Raytheon Missle Systems Net Worth 2012 net income was $1.9 billion. Net sales weighed in around $25 billion. Tucson’s economy is at the mercy of this corporation, the city’s largest employer and the world’s largest guided missile …
OCCUPIED TUCSON CITIZEN This is the full and updated version of an article that first appeared in abridged form in the August 2, 2012 edition of the Tucson Weekly—Ed Over the last five years Arizona surpassed Nevada as the number one state in the nation for home foreclosures. Meanwhile, banks made refinancing nearly impossible for …
Read moreUnderwater on Your Mortgage? HARPs for the Drowning
TED Nick Hanauer’s TED talk on inequality was widely reported as being banned from publication, but perhaps it would be more accurate to say that it may have suspiciously been overlooked because its content is so contradictory to orthodox economic philosophy. It’s certainly also possible that it was merely passed over as other videos that …
