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Thursday
Mar312011

Most read Realitybase posts in March

The American Dream died in February 1973 (with graphs from multiple sources showing stagnation of inflation-adjusted middle class incomes since the 1970s after strong and steady post-WWII growth)

The Dysfunction and Corruption of Our Healthcare System, Its Damage to the National Economy and other Basic Healthcare Matters (Guest Post) (describing a system that is destroying the American business economy and our ability to compete globally, which violates fundamental insurance risk principles, and which has inherent conflicts of interest that prevent quality national health care delivery and cost efficiency, and proposing a solution)

The Citigroup Plutonomy Memos (with key quotations from documents that are being disappeared)

One chart refutes three myths about US foreign trade. (about Smoot-Hawley, the post-WWII export "boom," and "self-balancing" trade)

The history of US per-capita petroleum consumption will surprise you.  (A graph and other data show US per-capita consumption of petroleum is down substantially from the 1970s, has been very stable since 1983 because of CAFÉ standards, and has fluctuated only slightly with retail price changes)

Comparative Advantage—The Unicorn of Free Trade (a collection of sources and analyses demonstrating that the assumptions of classic Ricardian theory rarely if ever align with real-world conditions)

The Recession is Coming! The Recession is Coming! (December 2007 post with charts showing America's middle class had already been in recession for 7 years and asking if we really care about them)

My new political home is the Tea Party?  (the otherwise pro-market Tea Party supports a nationalist trade policy that confronts foreign abuses and fights for American companies)

Is the New York Times editorial board adapting to reality, or is this cognitive dissonance?  (after urging us editorially to “embrace” globalization, NYT acknowledges that globalization is partly responsible for the Middle Class economic decline)

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