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How a Fed Overhaul Could Eliminate the Federal Debt Crisis, Part II: Curbing Fed Independence
There has been considerable discussion in recent years about reforming, modifying, or even abolishing the Federal Reserve. Proposals range from ending its independence, to integrating its functions into the U.S. Treasury Department, to dismantling it and returning monetary policy to direct congressional or Treasury oversight. The Federal Reserve Board Abolition Act (H.R. 1846 and S. 869, 119th […]
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Democracy or Plutocracy?

Despite much lofty rhetoric portraying the United States as a democracy (in which the people rule), this nation, in fact, has often resembled a plutocracy (in which the wealthy rule). The confusion owes a great deal to the fact that the United States, at its founding, was somewhat more democratic than its contemporaries. In the […]
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Expanding the Possible, from Below

The Green New Deal has been largely blocked at the national level, but it is thriving in communities, cities, and states. Jeremy Brecher’s new book is both an urgent call to action and proof of concept. Starting where we’re at Less than one week after Trump was re-elected to the single most powerful political office […]
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Cliodynamics

Clio, Muse of History, Charles Meynier (1768–1832) Peter Turchin, author of End Times: Elites, Counter-elites, and the Path of Political Disintegration, (2023), is one of the founders of the new ‘science’ of cliodynamics, a discipline which coalesced in the 1990s, statistical juggling ‘facts’ from the past, stitched together from bare bones (literally) of archeology, climate, geopolitics, crimes, […]
