ralph gomory

Corporation Nation

Most Americans know corporations run the nation and long ago ceased to be good citizens. U.S. Corporations have endorsed a sociopathic stance of short term profits as their objective exclusive to all others. Profits above people is now the norm. Dr. Ralph Gomory, who contributes to this site and Dr. Richard Sylla have dismantled the U.S. corporation and even put it back together again in an essay published by American Academy of Arts & Sciences. The essay gives a historical narrative of the U.S. corporation, touching upon major historical events which shaped these business entities into the conglomerates we know today. The authors also propose solutions and describe options to channel business behavior to be more in concert with America. We need to structurally redefine and realign the U.S. Corporation.

Excerpted below is the abstract of their paper, Stewarding America: The Corporation.

Friday Movie Night - Michael Lind Presents

hot buttered popcorn It's Friday Night! Party Time!   Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!


New America Foundation, Policy Director of the Economic Growth Program, Michael Lind is on a roll. He's pulling in a host of economists and policy formulators who really are speaking truth, interviewing them an' putting 'em on the Internets. You're going to love these interviews with Thomas Palley, Ralph Gomory, Pat Choate and Peter Morici.

Let's Discuss Religion otherwise known as Comparative Advantage & Trade

Ralph Gomory gave a talk today at the New America Foundation, a think tank who also gets it with online media!

As I listen to President Obama's speech acknowledging structural problems with the U.S. economy, yet do not see policies that will actually do what is needed and never mentions manufacturing or trade, one person I find quite insightful is mathematician Ralph Gomory.

Ralph Gomory - Does America Need Manufacturing?


Bad Ideas, Bad Management are Rewarded with Taxpayer Money

Trillions. Literally trillions of taxpayer money is now pouring to financial institutions. Today the Federal Reserve added $800 Billion more. The United States has now pledged $8.5 Trillion dollars to the financial crisis. To put that in perspective, one could have paid off, in their entirety, every house being foreclosed on for $320 billion dollars, the supposed root cause of the financial crisis. The entire home mortgages liabilities in the United States are $10.6 Trillion dollars

So, why is the United States pledging money worth 60% of the entire United States GDP?