FDL Book Salon Welcomes David Stuckler and Sanjay Basu, The Body Economic: Why Austerity Kills: Recessions, Budget Battles, and the Politics of Life and Death

By: Saturday June 29, 2013 1:59 pm

David Stuckler and Sanjay Basu’s new book The Body Economic: Why Austerity Kills is a thorough examination of the toll that recessions take on people’s health. They show, convincingly, that there are many, many channels through which health outcomes can deteriorate when the economy goes into a deep recession. They also show that the manner in which the government reacts to an economic downturn is a critical factor in determining health outcomes. Deterioration in health in a recession, though common, is far from inevitable.

 

FDL Book Salon Welcomes L. Randall Wray, Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems

By: Saturday January 5, 2013 1:59 pm

I am hosting the Firedoglake discussion of my colleague Randy Wray’s new “Primer” on macroeconomics. Macroeconomics is the study of the overall economy – economic growth, recessions, depressions, inflation, unemployment, and employment are big issues that macroeconomics studies. The key policies it addresses are usually divided into fiscal (tax and spending) and monetary policies (the growth of the money supply and setting interest rates).

The concept of monetary tools has broadened as we have seen the Federal Reserve change what had been a severely constrained “lender of last resort” function of the central bank into the most massive bailout program in history. Similarly, the central bank’s interest rate setting function that was long focused on short-term rates has expanded into large experiments that attempt to lower long-term interest rates (“quantitative easing”).

FDL Book Salon Welcomes Richard D. Wolff, Occupy The Economy: Challenging Capitalism

By: Sunday July 22, 2012 1:59 pm

One of the long standing taboos in the US is an open discussion of our capitalist economic system. Mainstream economists talk of business cycles, recessions, depressions, upturns, downturns, etc, in an effort to avoid discussing just how unstable capitalism is. In 2009 that changed. Professor Richard D Wolff, a PhD who taught economics at UMass for many years, published a book entitled Capitalism Hits The Fan, a compilation of articles and essays written between 2005 and 2008. Since that time he has been on a whirlwind of personal appearances and radio/TV talk shows discussing just how capitalism has worked, or not worked, for people over the last 50 years.

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Upcoming FDL Book Salons

Saturday, August 30, 2014
2:00 pm Pacific
The Nixon Defense: What He Knew and When He Knew It
Chat with John Dean about his new book. Hosted by James Robenalt.

Sunday, August 31, 2014
2:00 pm Pacific
Imagine: Living In A Socialist USA
Chat with Paul LeBlanc and Dianne Feeley about the book. Hosted by Deena Stryker

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