Trump’s Extreme Oligarchy

    by Simon Johnson Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author, with James Kwak, of White House Burning: The Founding Fathers, Our National Debt, … Continue reading Trump’s Extreme Oligarchy


Before the U.S. Presidential Election of 2017, five or six (perhaps more) members of the Trump election team talked with the Russians, one of whom was the Russian Ambassador, who doubles as a known spy for Putin. We cannot help but try to imagine what was said. It was too early to talk about Obama's … Continue reading OLIGARCHY vs DEMOCRACY