Pruitt Resigns as EPA Chief: So What?
EPA administrator Scott Pruitt resigned Thursday. Will his acting replacement, former coal lobbyist and climate denier Andrew Wheeler, be less of a disaster for the environment?
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Bill Black: Fed Lets Goldman Sachs and Morgan Stanley Off Hook, Investors Profit Billions
Bill Black discusses how even though Goldman Sachs and Morgan Stanley failed their recent stress tests to determine whether these banks can weather a financial crisis, the Fed allowed them to pay billions in dividends and stock buybacks to investors.
Read more...As Industry Pushes Billion-Dollar Fracked Petrochemical Projects, State Regulators Struggle To Keep Up
Fueled by fracking in the region, petrochemical and plastics projects in the Ohio River Valley are attracting tens of billions of dollars in investment, overwhelming state regulators who are unprepared and ill-equipped to oversee this next wave of industrialization.
Read more...Women (and Men) of the World, Unite! How to Stand Up to Extremist Orthodox Jews Who Demand You Give Up Your Airline Seat
In the last week, there have been two incidents of women relenting to pressure from airlines to give up their seats to accommodate Orthodox Jewish bigots who refused to be seated next to them. This should be as unacceptable as Klansmen asking blacks to change seats. And let us stress that the ugliest feature of […]
Read more...Race and Economic Opportunity in the United States
Data on 20 million children and their parents show how racial disparities persist across generations in the US.
Read more...Taxcast: How Accountants Broke Capitalism
No matter what the scandal is, when it comes to financial secrecy and tax dodging, the so-called big four accountancy firms are key players. The latest June 2018 Taxcast discusses how accountants broke capitalism.
Read more...Richard Murphy: The Debate on the Proper Role of the Bank of England, Continued
A discussion about the Bank of England raises questions about the role of central banks generally.
Read more...May’s New Brexit Trade Scheme Dead Before Arrival
Spain tells Theresa May to quit wasting her time on trying to sell the EU27 on a special Brexit trade scheme.
Read more...Brexit: Chaos Visible
As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.
Read more...Did Small-Time City Operator Nigel Farage Trade His Way Into a Fortune in the Brexit Vote?
Hedgies made hundreds of millions speculating on the British pound the night of Brexit. Did Brexiteer Nigel Farage help them do it?
Read more...Why Italy’s Crisis Is the Left’s Crisis
Why framing the political struggle in Italy as mainstream versus populist shifts focus away from the most important issue, Eurozone reform, where the battle is mercantilists versus Keynesians.
Read more...The Growth of America’s Militarized Law Enforcement System, a Product of a War Economy
The proliferation of military weapons and gear corresponds to that of para-militarized law enforcement officers.
Read more...Alongside Rising Top Incomes, the Level of Living of America’s Poorest Has Fallen
As the rich in America get richer, the poorest fall further behind.
Read more...Mexican Business Elite, US Government, Brace for Likely Win by Leftist Obrador as Mexico’s President
What might a win in the July 1 presidential election by the charismatic, anti-neoliberal Andres Manuel Lopez Obrado mean for Mexico and the US?
Read more...Bill Black: Kill the Hastert Rule – A Pedophile’s Indefensible Rule Harms America
How Democrats have failed either to oppose or capitalize on the democracy-thwarting Hastert Rule.
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