Gordon Long interviews America's Greatest Economist, Michael Hudson, about how "Wall Street Has Taken Over the Economy and is Draining It." Not incidentally, he resolves the are-our-elites-stupid-or-are-they-evil question thusly: "The successful error of monetarism is to force countries to have such self-defeating policies that they end up having to privatize their natural resources, their public domain, their public enterprises, their communications and transportation, like you’re seeing in Greece’s selloffs. So when you find an error that is repeated, it’s deliberate. It’s not insane. It’s part of the program, not a bug." Also, there'll be a new Michael Hudson book in three months' time, with the promising title of J is for Junk Economics.
George Will sounds the alarum against a Donald Trump nomination. But he never fully explains why he thinks Mr. Trump is "the most anti-conservative presidential aspirant" in Republican history -- all we really learn is that "conservative essentials" "includ(e) the manners and grace that should lubricate the nation’s civic life," but those aren't conservative values, they're civilized values. In other words, Mr. Will would have been more accurate to describe Mr. Trump as the most "anti-civilization presidential aspirant" in history.
Retro Report wonders how well the Clinton Administration welfare "reform" of 1996 has gone. Long story short: ending "welfare as we know it" worked OK during the years of the internet bubble, but when jobs (and then, in 2008, nearly the entire economy) disappeared during Tha Bush Mobb years, not so much. And then states used the welfare money they got from our federal government to plug other, unrelated holes in their budgets. And it got worse from there, until now 46 million Americans are in poverty, with about half of these making less than $10,000 annually, which doesn't cut it anywhere in America. Total time of video: 13 minutes, 24 seconds.
Shaun Richman, writing at In These Times, describes "The Legal Argument That Could Overturn Right-to-Work Laws Around the Country." As one legal scholar says, right-to-work laws "compel() one private party to provide benefits to another private party with no compensation" -- which is to say, the union has to provide services to workers who don't have to pay dues to the union under right-to-work. Stick around for the part where Mr. Richman describes a time when unions actually competed for the same workers in the same workplaces -- and agency fees didn't exist.
Finally, the Rev. Daniel J. Berrigan -- poet, priest, and lifelong activist against war and economic injustice -- has died at the age of 94, his advanced age perhaps testifying to the utility of doing good works regardless of how Our Glorious Elites receive them. He's most famous for participating in the burning of hundreds of draft cards in Maryland during the Vietnam War; I suspect Our Glorious Elites are glad he's better known for that than for declaring that poverty, racism, greed, and militarism were all outward expressions of the same injustice. Also n.b. that he was a Gerard Manley Hopkins fan, which always recommends a person. R.I.P.