“Growing Inflation Pains: How Democrats Must Go on Offense on the Economy”
Corporate greedflation is squeezing household budgets and distorting the economy. But is tacit support for it really a one-party affair?
Read more...Category Archives: Dubious statistics
War Is Bad for You — And the Economy
How war spending serves as a cover for the distribution of pork at the expense of American needs.
Read more...Israel 4Q GDP Fell at 20% Rate; Downward Trajectory Set to Continue as War Drags On and Israel Readies Lebanon Invasion
The Financial Times report on the fall of Israel’s economy in the fourth quarter was briefly the lead story and was oddly shuffled quickly off the landing page. The article gives a terse but incomplete tally of the factors that contributed to a decline at a 20% rate in the final quarter, which was markedly […]
Read more...Bizarre Valedictory Interview by CalSTRS Investment Chief, Chris Ailman, Asks Private Equity to Be Nice and Share with Workers
A revealing, and not at all in a good way, discussion of private equity by departing CalSTRS Chief Investment Officer Chris Ailman.
Read more...Inflation and Power
Why the Fed’s approach to inflation has the main effect of reducing labor bargaining power, which is seldom the real problem.
Read more...New Study Reveals Greenwashing as Key Obstacle for “Sustainable” Funds
Sustainable fund managers have discredited the sector by being way too company-friendly, such as accepting greenwashing claims.
Read more...The Real Reason Your Grocery Bill Is Still So High
Big Ag price gouging is driving still elevated grocery store prices. When will that become a political issue?
Read more...CBO and CMS Continue to Overestimate Health Care Cost Increases, Creating Unjustified Pressure to Cut Benefits
The CBO and CMS, keep overestimating health cost increase, and at least for the CBO, it’s due to neoliberal fealty.
Read more...Women and Minorities Bear the Brunt of Medical Misdiagnosis
Why women and blacks are more at risk of misdiagnosis than white men. But what to do?
Read more...China Is the World’s Sole Manufacturing Superpower
Not surprisingly, China tallies as number one in manufacturing…..and that is before European deindustrialization has really gotten going.
Read more...The Brave New World of Employment Under AI……What About Countervailing Forces?
Why AI still has some growth pains coming.
Read more...Global Economy’s Momentous Shift and Monumental Inequality
An in-depth yet lively debunking by Richard Wolff and Michael Hudson of Panglossian depictions of the state of the US economy and society.
Read more...Odds of US Bank Failures Rise with Office Space Loan Losses, Fed Interest Rate Mismanagement
US bank pain: Loans for urban office buildings come a cropper as they were already suffering other interest rate losses.
Read more...From the Great Divergence to South-South Divergence
A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Read more...Is China’s Economy Collapsing? Economic War! Michael Hudson & Richard D. Wolff
A wide-ranging talk, using Western bashing of China’s economy as a point of departure.
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