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Archive | August, 2010

Honduras: Teachers and Students Resist Repression

Last Thursday and Friday (August 26-27), police and military violently repressed public school teachers who have taken to the streets for almost 3 weeks to demand, amongst other things, that the Pepe Lobo regime return 4 billion lempiras (or some 200 million dollars) that were taken from the National Institute of IMPREMA, an institution that […]

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President Obama’s Rebranded Occupation of Iraq

Veterans for Peace president Mike Ferner responds to President Obama’s rebranded occupation of Iraq. A veteran’s perspective makes it clear that two major points must be made in response to President Obama’s announcement regarding combat troops leaving Iraq. First, there is no such thing as “non-combat troops.”  It is a contradiction in terms.  It is […]

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Burning Down the House: Where the Housing Market Is Going

The howls of surprised economists were everywhere last week as the government reported on Tuesday that July had the sharpest single-month plunge in existing home sales on record.  The next day the Commerce Department reported that new home sales hit a post-war low in July. All the economists who had told us that the housing […]

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Who Will Allow Brazil to Reach Its Economic Potential?

The biggest economic question facing Brazil, as for most developing countries, is when it will achieve its potential economic growth.  For Brazil, there is a simple, most relevant comparison: its pre-1980 — or pre-neoliberal — past. From 1960-1980, income per person — the most basic measure that economists have of economic progress — in Brazil […]

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Karzai and Zardari

Karzai and Zardari

Uncle Sam tries to batter down the door to the Taliban stronghold . . . by banging the heads of Karzai and Zardari, not his own, against it. Fahd Bahady is a Syrian cartoonist.  This cartoon was published in his blog on 24 August 2010; it is reproduced here for non-profit educational purposes.  The text […]

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The Parent Company Trap

Fox News accuses the Kingdom Foundation, which has funded (State Department-approved) Imam Feisal “I-Am-a-Supporter-of-the-State-of-Israel” Abdul Rauf of the Cordoba Initiative (dubbed “Ground Zero Mosque” and even “Terror Mosque” by the nutty Right) in the past, of also funding “radical madrasas all over the world.”  But it fails to mention that the Kingdom Foundation is a […]

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Remittances, Migration, and Other Panaceas: The End of Outward-looking Development Strategies?

  In a 1965 essay, the great development economist Albert Hirschman bemoaned the tendency of those in his profession to look for the next panacea.  Unfortunately, various panaceas have come in and out of fashion since Hirschman wrote. During three decades of neo-liberalism, development economists and policymakers have celebrated three inter-related strategies: (1) free markets, […]

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