Hopping Mad With Will Mcleod & Arliss Bunny

22 February 2016 - This week Will and I ended up with so much to say that we did the whole show ourselves. I open with an update on the economic crisis in Puerto Rico and I follow that with a quick take on economic canaries, Maersk and CSX. Will follows me with news about the terrific campaign of DeRay Mckesson in the mayoral race in Baltimore. DeRay has released spectacular position papers and proposals and is running the kind of campaign which deserves to draw support from progressives across the nation. I'm up next with answers to listener questions relating to the article, "It's Not About the Debt," by Chad Stone. I get into some detail about why using debt-to-GDP ratio as a metric makes no logical sense. As part of my explanation I draw from the excellent Levy Economics Institute Working Paper (Number 603), "Does Excessive Sovereign Debt Really Hurt Growth? A Critique of This Time It's Different, by Reinhart and Rogoff." We also mark the passing of the gifted author