Michael Hudson Q&A in Webinar on 4000 Years of Money and Debt
The Q&A from a Michael Hudson talk on money, debt, and economic orthodoxy.
Read more...Author Archives: Yves Smith
Webinar with Michael Hudson: A 4000-Year Perspective on Economy, Money and Debt
Michael Hudson gives a long historical account of the role of debt and money as a tool for promoting prosperity and political dominance.
Read more...Clarification of Spending/Inflation Constraints According to Modern Monetary Theory
Economists go on tilt with the supposed profligate implications of Modern Monetary Theory. But there are many ways to check demand.
Read more...So Much For May Day
On the peculiar decline of May Day.
Read more...Links 5/1/2021
Mark Blyth – An Inflated Fear of Inflation?
Mark Blyth explains why inflation in the U.S., Canada, & E.U. is highly unlikely: a room for more government spending and higher wages.
Read more...American Cities Have Long Struggled to Reform Their Police – but Isolated Success Stories Suggest Community and Officer Buy-In Might Be Key
A hard look at why police reform has failed, and what approaches might work.
Read more...Musical Interlude (“On the Path of Decent Groove”): Dimash Qudaibergen
Reader Bob H asked for an occasional musical feature. I’m being self-indulgent and offering a recent find: the remarkable Dimash Qudaibergen.
Read more...Social Tipping Points and Forecasting Norms Changes
What does it take to move the norms needle?
Read more...How Dodgy Government Accounting Fueled Rapid Rise of Federal Student Loans
Why the student loan mess is even worse than you thought.
Read more...A Lifetime “at War”
Even for those comfortably ensconced in the US, war-making has been a constant backdrop for all but the oldest Americans.
Read more...America Hasn’t Reckoned with the Coup That Blasted the Black Middle Class
The Wilmington coup is the only successful and lasting armed overthrow of a legitimate municipal government in American history on U.S soil.
Read more...Shhhh, They’re Listening – Inside the Coming Voice-Profiling Revolution
Voice profiling….a brave new world of business shysterdom?
Read more...Private Equity and Hedge Fund Barons Having a Hissy Over Carried Interest Grift Because Biden Isn’t Staying Bought
The end of the carried interest loophole has been long in coming. Will the sell-by date finally arrive?
Read more...Major Parties’ Climate Programs Are Miles Apart
As high as the stakes are, the struggle between the Dems and the GOP over climate change feels too much like intramural sport.
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