Over the past decade, John Nichols has co-authored with Bob It's the Media, Stupid!, Our Media, Not Theirs, Tragedy and Farce: How the American Media Sell Wars, Spin Elections, and Destroy Democracy and, most recently, The Death and Life of American Journalism. McChesney and Nichols are the co-founders of Free Press, the nation's media-reform network, which organizes the National Conference for Media Reform.
This will be a pre-recorded show so sit back and relax while Bob and John talk shop and please, if you value Media Matters as a locally sourced avenue for national figures to discuss media and politics, please consider a gift to Media Matters and Illinois Public Media. To those who have already given this year, THANK YOU! We are over 89% of the way towards our bi-annual fundraising goal, and could not have done it without you! To those who need a little extra nudge, we are offering both John Nichols' most recent book, Uprising, and Glenn Greenwald's And Liberty and Justice for Some as another way to say thank you to our financial supporters.
Michael Perelman teaches economics at California State University, Chico. He has published 19 books, including, The Confiscation of American Prosperity, Railroading Economics, Manufacturing Discontent, The Perverse Economy, and The Invention of Capitalism. Prof. Perelman's most recent book, The Invisible Handcuffs of Capitalism: How Market Tyranny Stifles the Economy by Stunting Workers, challenges mainstream economic thought to acknowledge how the capitalist context of labor, assumed as default, limits the breadth of economic inquiry, dialogue and evolution.
Prof. Perelman's is currently working on a new book entitled, Sex, Lies, and Economics: The Amazing Story of Economics and Economists Before Adam Smith, of which selected portions are available on his actively maintained blog, unsettling economics: A Progressive Look At Economics and the Rest of the Screwed Up World.
The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in his new book, End This Depression Now!, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain."
How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
Paul Krugman is professor of economics and international affairs at Princeton University, Centenary Professor at the London School of Economics, and, perhaps, his best-known job, as an op-ed columnist for The New York Times. In recognition of his influence The Washington Monthly called him "the most important political columnist in America."
As Wall Street rose to dominate the U.S. economy, income and pay inequalities in America came to dance to the tune of the credit cycle. As the reach of financial markets extended across the globe, interest rates, debt, and debt crises became the dominant forces driving the rise of economic inequality almost everywhere. Author James Galbraith, in his new book, Inequality and Instability: A Study of the World Economy Just Before the Great Crisis, challenges the standard economic notions on both the right and the left. Providing rigorous, historic evidence, Galbraith "demonstrates that finance is the driveshaft that links inequality to economic instability."
James K. Galbraith is professor at the Lyndon B. Johnson School of Public Affairs, the University of Texas at Austin, where he holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations. He is a leading economist whose books include The Predator State, Inequality and Industrial Change, and Created Unequal.