Turning Points Rotating Header Image

Posts under ‘Economics’

A Christian Perspective on Financial Reform

I usually agree with Jim Wallis, though I often wish that he would go further in his critique of the current order. But, as he says in the following article, he is a conservative Christian (and I am not). As a nation, is it too much to hope that we may be approaching [...]

What Does “Economic Recovery” Mean?

Brian McLaren is a controversial figure in the Emerging Church movement. Whatever you might think of his theology, you have to respect his appeal to many who belong to Generation X. I found this commentary by Brian and thought that it expressed some ideas that deserve wider consideration. I’m posting it here [...]

Sara Robinson on Fascism, Part III

I’ve held off on posting the final part of Sara Robinson’s series of essays on fascism in America for fear of turning off my readers. The popular picture of fascism, with references to Hitler and Mussolini, just clashes too harshly with our national mythology, doesn’t it? Fascism is sneaky – it doesn’t always [...]

The Fair Tax Myth

In a comment on my post “Tea Party Tax Protests and Reality”, Debi asks, “Jeff, what is wrong with the Fair Tax?” I replied without really investigating the Fair Tax and made some assumptions that were probably not correct. You know what assume does, don’t you? Makes an a** out of you [...]

Tea Party Tax Protests and Reality

A good friend of mine, who has friends who are active in the Tea Party movement, stopped to chat today and asked me if I could find a source of information that would refute her friend’s claim that no part of the personal income tax that we pay goes towards anything other than paying the [...]

Steinbeck and the Tax Day Tea Parties

Some day, I really should read more of the classics, including The Grapes of Wrath, by John Steinbeck. This morning, a friend sent me a link to an OpEdNews post by Ed Martin in which he wrote that “paranoid Republicans [were] projecting their own evil ways onto liberals.” In the essay, he wrote that [...]

The Conservative Nanny State

For a few years now, the right wing talking heads have been all up in arms about something called the “Nanny State.” I’ve not paid a lot of attention to their whining, because I don’t have a lot of respect for their rants – they don’t have a coherent philosophy as a foundation for [...]

The Dangers of Right Wing Populism

In times of economic hardship, it seems that right wing populism often rears its ugly head. Current events certainly give credence to that truth. However, this time around, right wing populism has had at least a decade-long running start, because the talking heads on Fox TV and talk radio pundits like Limbaugh, Hannity, [...]

Stiglitz on Bushonomics

When the financial crisis dramatically worsened in September of this year, there was a great deal of interest in trying to figure out what had happened. Blogs were full of posts that “explained” the crisis, in verbiage that few could understand. As the news continued to get worse, lots of people decided that perhaps [...]

A Useful Corrective to Limbaugh-nomics

Adam Smith, the economic God that the right wing worships, did not espouse the ideas that the right wing so often claims when they invoke their tired talking point of the “invisible hand”. Now that Barack Obama has been elected President of the United States, it is useful to look at those [...]