Robert Reich Over-Reaches By Blaming Investing and Shopping for Income Inequality

Soon after I finally posted my review and critique of Robert Reich’s book on income inequality titled “Aftershock: The Next Economy and America’s Future,” Reich published commentary which extended his analysis of income inequality to blame investors and shoppers for the problem. The concise argument appeared in an editorial in the Financial Times called “We … Read more

A False Choice Between Democracy and Financial Markets

Robert Reich recently asked “Which do you trust more: democracy or financial markets?” His article was written in response to Greek Prime Minister George Papandreou’s proposal to hold a national referendum on whether to accept the conditions of a bailout on their unserviceable government loans. He concludes the piece asking readers whether we should “…rule … Read more