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A "New" Economics 101
by theoryforthemasses In a recent New York Times op-ed, columnist David Brooks questions whether the old, “rational,” Keynesian model of economics is truly useful for trying to understand the current...
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George Ritzer Guest Post: Are Today’s Globalized Cathedrals of Consumption...
By: George Ritzer Distinguished University Professor, University of Maryland A decade ago I wrote a book dealing with what I called the “cathedrals of consumption”. These are consumption settings that...
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Shifting Migration Patterns in a Changing Economic Climate
by smteixeirapoit In the past, many immigrants traveled to the United States because they hoped to achieve upward mobility. In the current economic climate, many immigrants are not upwardly mobile....
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Facing More with Less: Thinking about School Budgets
There can be little doubt that because of the current economic conditions, a large part of society has undergone considerable strain. Whether discussing unemployment rates, downsizing, closed up...
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Austerity and the Double-Movement
After the French elected Socialist Francois Hollande in a rebuke of austerity policies gripping Europe, news headlines issued reports of worried markets. The fear, among some, is that the new...
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