About Howard R. Gold

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Austerity Hasn’t Lost the Battle Yet

Austerity Hasn’t Lost the Battle Yet

The amazing discrediting of one of the most influential research papers of our time—Kenneth Rogoff and Carmen Rinehart’s 2010 “Growth in a Time of Debt”—has mobilized opponents of austerity around the globe.

As we wrote last week, the paper, which … More…

Bush Was the Worst President of the Last 50 Years

Bush Was the Worst President of the Last 50 Years

On Thursday President Obama and the four living former presidents will travel to Dallas to dedicate the George W. Bush Presidential Library and Museum at Southern Methodist University. Everyone will no doubt say kind things about the 43rd president, … More…

2nd Amendment Protest in Albany NY Sheryl Thomas Flickr (540×405)

Second Amendment Extremists Have Gone Too Far

Last week, a mild, eminently sensible bill to extend background checks to private sales of guns, supported by 90% of the American public, died a not-so-quiet death in the Senate.

Although technically it won a 54-vote majority, that wasn’t enough … More…

boston-bombing-suspects-in-crowd

Searching for Boston’s Heart of Darkness in Chechnya

19-year-old Dzhokhar Tsarnaev,  the younger of two brothers who allegedly planned and carried out the bombings that killed three people at the Boston Marathon  and then an MIT police officer, was recovering from his injuries in a Boston hospital as … More…

President Obama speaks about gun control at the White House (540×405)

President Suffers a Bitter Defeat in the Gun Wars

Late Thursday afternoon, President Obama stood outside the White House with Vice-President Joe Biden, former Rep. Gabrielle Giffords, and families of children killed at Sandy Hook Elementary School in Newtown, Conn., and condemned in the strongest language the Senate’s 54-46 … More…

Kenneth Rogoff small Canada 2020

Rogoff and Reinhart’s Screw-Up May Undercut Austerity

So, now it seems that the paper heard ‘round the world—the 2010 study by Kenneth Rogoff and Carmen Reinhart that said economic growth goes negative when debt gets too big—was deeply flawed.

The two researchers, now both Harvard professors, … More…

Boston Marathon 2013 Annie White (540×405)

Boston Marathon Massacre Had Echoes of 9/11

Eleven years, seven months and four days after September 11th, 2001, we have had another full-fledged attack on civilians on American soil.

Since 9/11, several planned attacks fizzled or were thwarted, from shoe bomber Richard Reid in late … More…

Marco Rubio on Face the Nation (540×354)

Rubio Takes a Calculated Risk on Immigration Reform

There was Sen. Marco Rubio of Florida on seven—that’s right, seven– different Sunday talk shows, making the case for immigration reform.

Rubio will join eight Senators of both parties to present the bill officially on Tuesday. It promises to be More…

President Obama Unveils 2014 Budget (540×405)

President’s Budget Is a Small Step Forward

President Obama finally presented his 2014 budget Wednesday, and the coverage has been mostly favorable, except on the progressive left and the Tea Party right.

Progressives were enraged at the president for changing the way cost-of-living increases are calculated for … More…

Margaret Thatcher and Ronald Reagan Official White House Photo Margaret Thatcher Foundation (540×489)

How Thatcher Set the Template for Reagan

Love her or hate her, one thing is beyond dispute: Margaret Thatcher mattered.

The grocer’s daughter from Grantham, England became the United Kingdom’s first woman prime minister. She also served the longest of any PM in the 20th Century. … More…