Sunday, May 26, 2013

The Real Numbers: Half of America in Poverty -- and It's Creeping toward 75%

The Census Bureau has reported that one out of six Americans lives in poverty. A shocking and despicable figure, to say the least. The extent of deprivation, however, is much (much) worse - see here.

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Heterodox Central Banking in the Periphery

Our paper with Esteban Pérez on Prebisch's missions as a Money Doctor during the Fed-led missions directed by Triffin to Paraguay and D...