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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…)

October 12th, 2012 | Comments (51)

The Oligarchy's Rule of Law: From Boris Yeltsin’s Russia to Aubrey McClendon’s Oklahoma

There is so much more to hate about Aubrey McClendon than this—the millions McClendon poured into Gary Bauer’s gay-bashing outfit “Americans United To Preserve Marriage” and the Swift Boat Veterans for Truth, the role McClendon and his Whirlpool heiress wife played in stealing waterfront land from Benton Harbor, an African-American slum and the poorest city in Michigan, in order to expand an exclusive golf course country club for residents of St. Josephs, where McClendon owns several plots of land…

May 23rd, 2012 | Comments (38)

Libertarian Liars: Top Reagan Adviser, Cato Institute Chairman William Niskanen: "Deficits Don't Matter"

Like typical Randroid libertarians, they find the public’s gullibility and good faith contemptible. This is something that Americans still can’t get their heads around about the free-market libertarians who’ve ruled us and ruined us over the past three decades.

November 21st, 2011 | Comments (12)

All Pain, No Gain: A Brief History of "Austerity Program" Massacres & Disasters

This article was first published in Alternet. Now that the shock of the Gabrielle Giffords shooting is starting to wear off and the country is returning to its normal insanity again, we’re back to facing a far worse, far more…

January 26th, 2011 | Comments (53)

Escape From America: The Strange & Scary Billionaires Behind The Libertarian-Inspired Sea Castles

This article was first published in Alternet What happens when Americans plunder America and leave it broken, destitute and seething mad? Where do these fabulously wealthy Americans go with their loot, if America isn’t a safe, secure, or even desirable…

June 2nd, 2010 | Comments (108)

Royal Tea Party Rebels: The Heroic Billionaires' Struggle To Overthrow The Tyranny Of Democracy

This article first was first published in Alternet. While Tea Party movement followers ran around Nashville last week dressed up in their Paul Revere period costumes, blathering about their heroic struggle against Obama’s Islamosocialist tyranny, the right-wing elite that nurtures…

February 12th, 2010 | Comments (76)