This article was first published on AlterNet
It’s Nobel Prize season again. News reports are coming out each day sharing the name of the illustrious winner of the various categories — Science, Literature, etc. But there’s one of the prizes that’s a little different. Well, that’s putting it lightly… you see, the Nobel Prize in Economics is not a real Nobel. It wasn’t created by Alfred Nobel. It’s not even called a “Nobel Prize,” no matter what the press reports say.
The five real Nobel Prizes—physics, chemistry, literature, peace, and medicine/physiology—were set up in the will left by the dynamite magnate when he died in 1895. The economics prize is a bit different. It was created by Sweden’s Central Bank in 1969, nearly 75 years later. The award’s real name is the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.” It was not established by Nobel, but supposedly in memory of Nobel. It’s a ruse and a PR trick, and I mean that literally. And it was done completely against the wishes of the Nobel family. (more…)
On Monday, September 10, the Chicago Teachers Union—the oldest teachers union in America—went on strike. Teachers are striking for better pay, smaller class sizes and more job security. They are striking against school privatizations, teaching to standardized testing and the general…
I did a simple check: I went to the websites of three of the biggest names in liberal activist politics: Amnesty International, Human Rights Watch, and the ACLU. Checking their websites, I was surprised to find that not one of those three organizations lists labor as a major topic or issue that it covers.
John Yoo, author of the notorious “torture memo,” served on the Cato Editorial Board for Cato Supreme Court Review during the Bush presidency. At the same time, Yoo was writing the Bush administration’s legal justifications for waterboarding, Guantanamo, warrantless wiretapping and more.
A few months back I had a long conversation with Freke Vuijst, a journalist from the lefty Dutch magazine Vrij Nederland, about the history of the Koch clan—specifically, we talked about what I learned during my trip to Quanah, Texas, the…
In the early 2000’s, the co-chairman of the Cato Institute’s Project on Social Security Privatization, José Piñera, played a key role advising and overseeing Slovakia’s mass pension privatization, which passed in 2003 under the free-market government of Mikulas Dzurinda. Today, Slovakia’s retirees are groaning under the austerity pain administered to them by the Cato Institute.
I came across this hilarious groveling quote from Heartland founder David Padden about his all-knowing Master and Dear Leader, Charles Koch:
“I would never attempt to second-guess whatever he’s doing in the interest of making this a free country…”