The IMF Makes Class Warriors of Us All

On October 24, 1973, the Egyptian military, under the command of General Hosni Mubarak, and under instructions from President Anwar Sadat, dealt an unprecedented blow to the most powerful regime in the Middle East: Israel. As the Egyptian army crossed the Suez Canal and established bridgeheads in the Sinai peninsula, ...

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The IMF Makes Class Warriors of Us All

Minding the Gap of “The Great Divide”

A review of the book by Joseph Stiglitz

In the wake of Occupy Wall Street and the anti-austerity protests in Spain, Greece, and elsewhere around the world, economic inequality has emerged as one of the more hotly debated issues in the public sphere. One of the more prominent voices in the discussion is economist <a href="http://en.wikipedia.org/wiki/Joseph_Stiglitz" target="_blank" ...

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America as a Lottery

In a series of recent works on the rise of inequality in the United States and other countries, economists have proposed a number of policies that might help reverse current trends. But critics of Joseph Stiglitz, Paul Krugman and Thomas Piketty also often complain that their proposals aren’t feasible ...

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America as a Lottery