Linkagogo Archive 1: Steven Hill

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Stephen Hill Linkography: Deutschland

Amazing Germany - Declining Unemployment - How Do They Do It?

Blog: How's Europe Doing – posted 13 Nov 2010 - The Washington Monthly. In Germany, manufacturing still dominates finance. German capitalism didn’t succumb to the financialization that swept the United States and Britain in the 1980s’ - though Germany’s banks and financial sector did get snared in the Wall Street web.

Don't Scorn Germany and Japan; Learn From Them
Article: 29 July 2010 - Los Angeles Times. The global marketplace has become tumultuous, so when we find a bright spot, one would think it deserves a mention: Germany and Japan! Japan's economy has been and remains successful. So is Germany's. They have reached an economic steady state in which they don't need roaring growth rates to provide for their people. But for the economic Cassandras, apparently it doesn't matter if people's needs are being met; what matters is whether their theories and equations balance.

Germany Leads Europe's Wind and Solar
Energy Revolution
Article: 28 October 2008 - cafebabel.com: The European Magazine.

While Bush and other world leaders pitted the environment and energy innovation against the economy and loss of jobs, Europe has discovered that greater energy efficiency actually is good for their economy and businesses. Their efforts led to the rise of new technologies, industries and created tens of thousands of jobs.

Angela Merkel is Getting it Right
Article: 04 October 2010 - IP Global (German Council on Foreign Relations). Chancellor Merkel and French president Nicolas Sarkozy proposed sweeping financial regulatory changes. They warned the Obama administration not to block their attempts to crack down on hedge funds and derivatives, corrupt rating agencies, outrageous bank bonuses and more. Would US Treasury Secretary Timothy Geithner have dithered even more had he not been pushed – shoved, by the Europeans, led by Merkel?

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Stephen Hill Linkography: Income & Spending

Author Steven Hill Compares the U.S. Tax System With Those of European Countries

Interview (audio): 13 April 2010, host Andrew Stelzer – National Radio Project. As part of the “Tax the Rich, Help Save America” program broadcasted by the NRP, listen to Hill describe in detail the difference in tax benefits and burdens in Europe and the US.

The Myth of Europe's High Taxes
Article: 23 February 2010 – On the Commons. So a thorough analysis would need to create a ledger in which all the supports and services Europeans and Americans receive are listed on one side and the amount of taxes and any additional out-of-pocket fees they pay are listed on the other. When you sum up the total balance sheet, it turns out that Americans pay out as much as Europeans – but we receive a lot less for our money.

The Myth Of The Overtaxed Europeans And Other Modern Fables
Blog: How's Europe Doing - posted 19 November 2010 - The Washington Monthly. Child care in the United States costs more than $12,000 annually for a family with two children. In some countries in Europe, child care is free. In others, they pay $1000-$2000 per year, depending on their income. So they are paying at most only one-sixth of what Americans are paying, and the quality is far superior.

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Stephen Hill Linkography: Expert Advice

Shorting Economists: The 'Experts' Keep Getting it Wrong
Article: August 19, 2010 - Truthdig. Throughout the 1990s and during the 2000s more voodoo economists likened Europe's economy to that of a "sick, sclerotic old man," until it was discovered that Europe had surpassed the U.S., creating more jobs, higher per capita growth and higher productivity. It is important that we find better measuring sticks and employ saner values for assessing what a successful economy looks like. Until then, we are flying in uncharted territory, without radar and surrounded by fog. Heaven help us!!

Austerity vs. Stimulus: Who’s Right?
Article: November 24, 2010 - Social Europe Journal. To paraphrase Denmark’s Prince Hamlet, ‘To enact austerity or not to enact austerity, that is the question.’ Unfortunately, dear Hamlet, that is a question without a sure answer. The truth is, none of the experts know what is the correct thing to do. Trichet, Bernanke, Geithner, Schäuble, Krugman, Stiglitz, Wolf, Münchau, Soros, all of them.

Japan and Germany, Often Dismissed By US Economists, See Sustainable Growth and Less Unemployment
Article Posted: 22 December 2010 – New America Media. Also posted as: Reconsidering Japan, Reconsidering Paul Krugman, 19 November 2010 – Industry News.

Throughout the 1990s, and still today, Krugman has skewered Japan’s economy, its economists and its leaders.
This criticism of Japan raises the important question: What is an economy for? To produce the prosperity, security and services that people need? Or to satisfy the theories and models of economists?

President-Elect Obama's Stimulus Plan Is Only
Half a Loaf
Article: Friday 16 January 2009 – Truthout. In announcing his economic stimulus plan, Obama unveiled some badly needed measures, including rebuilding of roads, bridges and schools and increased renewable energy production. But his American Recovery and Reinvestment Plan misses an opportunity to more directly invest in the greatest "infrastructure" of all - the American people.

Economic Democracy and Codetermination: Harnessing the Capitalist Engine
Book review: Posted 15 January 2010 - the Globalist (daily online magazine on the global economy, politics and culture).

In the aftermath of the economic crisis, the United States needs a new economic model — one that will decentralize power and put it in the hands of the workers. European advances in a distinct brand of 'social capitalism' are perhaps the most important innovations in the world economy since the invention of the modern corporation itself.

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Stephen Hill Linkography: Banks & Wall Street

Repost: Europe’s Promise & Wall Street gangsters
Book review: 28 December 2010 - Darwiniana. Posted in Critique of Evolutionary Economy by nemo. The American public is being exploited by economic pseudo-science, bad journalism, and the conspiracy of Wall Street gangsters, some of them on Obama’s sta3ff. It is a false ideology, totally out of control, and made worse by the way smart geekish types like Greenspan et al. promote it oblivious to reality. Hill’s book shows how the American system has gone astray, and how some form of social democracy can be successful.

Steven Hill: The insane prescription of the IMF
is repeated in Greece
In Greek - Press report of IPEDIS event held 18 October at the Ministry of Foreign Affairs - posted 21 October 2010, Zoom News. (Greek reference: Παραφροσύνη η επανάληψη της συνταγής ΔΝΤ στην Ελλάδα , Δημ/ση 21 Οκτ. 2010 – Zoomnews.gr (Use Google translator). Hill argued against the IMF prescriptions for ailing Greek economy. GDP alone. He calls the American Model of Capitalism, know as Wall Street Capitalism, bankrupt because that model brought economic chaos and the crisis that plunged America into recession.

Media Speculators Miss History Being
Made In Europe
Article: October 19, 2010 - Social Europe Journal. Like financial speculators, the media likes to speculate in sensationalism and hype, dedicated to advancing their goals. Financial speculators do it to make gobs of money, and the media does it to grab eyeballs for their TV shows and newspapers. During the recent Greek debt crisis, both the financial and media speculators acted up.

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Stephen Hill Linkography: Elections

Moderate Muslims Are the World's Swing Voters
Posted: 3 February 2009 - Huffington Post. Moderate Muslims should be seen as the world's swing voters. The Obama administration should think carefully about the lessons of the past eight years, indeed the past 80 years. There are hundreds of millions of moderate Muslims in the world, and they are waiting for an American partner that is cognizant of its role in a long, difficult history of colonialism and imperialist interventions. They, too, are looking for a "new deal." A president with the name of Barack Hussein Obama presents an opportunity, but the opening may not last long.

In Canada, Regular Folks Are Put to Work on Reforms
San Jose Mercury News, by Steven Hill, 17 November 2004. One of the solutions may lie across the border in Canada. It's called a Citizens' Assembly, and it was on display last year in the province of British Columbia. The government there turned over to the people the task of basic political reform, and by doing so took the partisanship out of the process, something California badly needs.

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