The Just Third Way

A Blog of the Global Justice Movement

Wednesday, February 4, 2009

Ireland's Balanced Budget

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As if to highlight the importance of the several mentions we've made of how the current global financial crisis is affecting Ireland, to...
Tuesday, February 3, 2009

Update: Iceland's Financial Crisis

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Jóhanna Sigurðardóttir, Iceland's new prime minister, is ostensibly taking quick action on the financial crisis, although at this point ...
Monday, February 2, 2009

Stimulus, Part III: The "Real Bills" Doctrine

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As we saw in the previous posting in this series, Say's Law of Markets contradicts Keynes' belief that it is economically sound to c...
Friday, January 30, 2009

Washington Post: "Economic Signs Turn From Grim To Worse"

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In the musical 1776 , the John Adams character spends the first few minutes of the show loudly singing about how Congress should begin discu...

News from the Network, Vol. 2, No. 5

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Focus on President Obama's near-trillion dollar "stimulus" package seems to be diverting people's attention away from more...
Thursday, January 29, 2009

Stimulus, Part II: An Alternative to Keynesian Economics

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In the previous posting in this series we learned that a Keynesian stimulus package can only make matters worse. This is because a Keynesia...
Wednesday, January 28, 2009

Stimulus, Part I: Why Obama's Stimulus Package Won't Work

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Mr. Obama is indeed correct that the country is at a " perilous moment ." The only problem is that, sincere as we assume the pres...
Tuesday, January 27, 2009

A New Icelandic Saga

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When we hear of economic breakdown, political unrest, and government collapse, most people don't think of Iceland. The true scope of th...
Monday, January 26, 2009

A Blueprint for Change

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Norman Kurland, president of CESJ sent the following letter in response to a comment from a reader that, "The leading governments of th...
Friday, January 23, 2009

News from the Network, Vol. 2, No. 4

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The Big News this week was, of course, the inauguration of Barack Obama as the 44th president of the United States. While many people seeme...
Thursday, January 22, 2009

Who Owns the Federal Reserve?

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Aside from the fact few people seem to understand just what it's supposed to do, nobody seems to know exactly who "owns" the F...
Wednesday, January 21, 2009

Paradigmatic Revolution: Is President Obama Ready to Talk the Walk?

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by Dr. Robert D. Crane, Guest Blogger We have now had two presidents in the past generation who had difficulty with what our 41st president ...

Mea Culpa: Correction of Yesterday's Posting

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I admit my hearing is sometimes not the best. To make matters worse, I listened to President Obama's speech yesterday while taking note...
Tuesday, January 20, 2009

"Inauguration" Means "Beginning"

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You'd never know it from all the hype that has been flooding the media, characterizing the inauguration of Barack Obama as president of ...
Monday, January 19, 2009

Martin Luther King, Jr. and Economic Justice

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This morning Mr. Chris O'Connor, Financial Secretary/Treasurer of the Colonel John Fitzgerald Division of the Ancient Order of Hibernian...
Friday, January 16, 2009

News from the Network, Vol. 2, No. 3

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Just as the middle of the country (the United States) seems to be locked in a deep-freeze with respect to the temperature, things show signs...

In Keynes We Trust

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Over the past week, participants in the Kelso Binary Economics Discussion Forum (which you can join by going to the CESJ web site, www.cesj....
Thursday, January 15, 2009

Jobs, Jobs, Jobs

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The problem with the idea of focusing on jobs, jobs, jobs, is that it's been done before, and has never worked. Unless a "job...
Wednesday, January 14, 2009

How to Satisfy Your Demand

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While we expected the stock market to take a deep plunge as soon as the euphoria wore off from Obama's inauguration (being touted here w...
Tuesday, January 13, 2009

Obama Attempts to Squeeze Blood from a Turnip

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The rather chilling headline reads, " Obama seeks Dem votes for $350 billion bailout " (Associated Press, 01/13/09). While the ar...
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Michael D. Greaney
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