Truman in English
Select articles and exclusive interviews for our anglophone readers.
The State and Local Budget Crisis
The cost of the 2011 cutbacks in federal spending will fall most directly on consumers and retirees by scaling back Social Security, Medicare, Medicaid and social spending programs. The population also will suffer indirectly, by lower federal revenue sharing with U.S. states and cities.…
Amakudari: Japan’s Fallen Angel
The Japanese long-standing business practice that puts the interests of politicians, bureaucrats and large corporations before those of the civil society.…
Krugman’s War Cry Won’t Avert Depression
Mr. Krugman and his allies believe that we can grow our way out of this recession like we have in the past few.…
Russia: Reversing Economic Polarization and Poverty
The wealth of any nation is its population. It is wasteful to reduce families to poverty...…
The Fix Is In
The Fed's policy to "keep interest rates low for an extended period," will inflict untold harm on the U.S. economy.…
Implications of the US Sovereign Debt Downgrade
We believe the downgrade of US Treasury obligations is legitimate and, in one very relevant way, insufficient.…
The Eurozone Debacle: They Ate The Golden Goose
It is apparent that some of the PIIGS will default, maybe all of them.…
Russia’s Economic Interests
Can Russia "afford" the costs of raising much of its population out of poverty? Can she afford not to?…
The idea of capitalism is, «if you fail, you fail.» -Hernando de Soto
A conversation with Hernando de Soto that explores the truths that the most serious economic crisis in the Western world is revealing about the free market capitalist system.…
Debt Ceiling Set For Progressive Repealing
The Wall Street bailout melodrama should be viewed as a dress rehearsal for today’s debt-ceiling non-crisis.…
Real Estate 4 Ransom
Trailer of the Australian documentary on real estate speculation featuring Michael Hudson.…
Debt Ceiling Myths
The American economy currently produces nearly $15 trillion in GDP per annum but has $115 trillion in unfunded liabilities. With a hole like that, no amount of taxes could balance the budget.…
