Carl L. Bankston III

Attack on Pearl Harbor: Accelerating Historic Changes

Carl L. Bankston III As we look back on the Japanese attack on Pearl Harbor seventy years ago today, it may be appropriate to place...

A Christmas Book

Carl L. Bankston III Sunday's (12/4/2011) New York Times carries a front-page article on a publishers’ strategy for old-fashioned print books.  As many readers shift...

The Mortgage and Student Loan Bubbles Compared

By Carl L. Bankston III Many of today's college students and recent graduates have accumulated debts beyond their apparent abilities to pay. In a number...

Demand-Side Policies, Debt, and the Financialization of the American Economy

Carl L. Bankston III The 2008 government bailout of many of the nation’s financial institutions was troubling because the combination of private profits and socialized...

Waterside

By Carl L. Bankston III Time out from opinionating for a little poetastery: He asserted water to be the principle of all things... - Diogenes Laertius, "Life...

The Perennial Immigration Debate Comes Up Again

Carl L. Bankston III, Ph.D. Newt Gingrich’s controversial statement of support for qualified amnesty for illegal immigrants in the United States made me think about...

The Market, Equality, and Abstraction

By Carl L. Bankston III The primitive equality of humanity asserted by Rousseau and Marx seems to have been more than a philosophical speculation or...

A Race with No Losers?

By Carl L. Bankston III In his commencement address to Howard University in 1965, President Lyndon Johnson introduced what would become one of the most...

Jefferson-Adams and the Natural Aristocracy

Carl L. Bankston III, Professor of Sociology, Tulane University The historian Gordon Wood, in his magisterial 1969 classic The Creation of the American Republic, observed...