The Econocracy: An Interview with Cahal Mora
The new book Econocracy describes how economics training discourages critical thinking, overreaches, overpromises, and underdelivers.
Read more...Category Archives: Banana republic
Investment in Early Childhood Education Yields Substantial Gains for the Economy
Yes, Virginia, more education for the lower orders really does pay off.
Read more...British Press in a Tizzy that the EU Will Be Mean to the City of London in Brexit
The whinging from entitled Brits over the fact that the EU is playing Brexit hardball is getting annoying.
Read more...The Story That Russia Does Not Want You to See: The Rosneft Share “Sale” as a Sham Transaction
The widely-reported sale of a 19.5% stake in Rosneft to Glencore and Qatar looks like a sham transaction.
Read more...Trump’s Carbon-Obsessed Energy Policy and the Coming Climate Nightmare
Trump plans to take the Palin “Drill, baby, drill” strategy to a new level.
Read more...So Who Gets to Pay for Italy’s Banking Crisis?
The pretense that even Monte dei Paschi can be bailed out privately is being abandoned. So how will Italy’s sick banks be salvaged?
Read more...Bill Black: White Collar Crime Will Have a Field Day Under Trump
In this Real News Network segment, Bill Black describes why elite banksters will have a free hand if Trump gets his appointees through. Although Black focuses here on just departed Goldmanite Gary Cohn, the Democrats ought to put up a pitched battle over another Goldman alum, Steve Mnuchin, Trump’s Treasury Secretary nominee. Mnuchin is unqualified […]
Read more...Greece and Creditors in Showdown Again
Greece tried a surprise move to slip the creditors’ leash. Sadly, it’s not likely to succeed.
Read more...Washington Post Backlash: Black Agenda Report, Counterpunch, and Paul Craig Roberts Join Us in Second Demand Letter Retraction and Apology for Defamatory “Propaganda” Story
More sites team up to take on the Washington Post and the new “Russian propaganda/fake news” McCarthyism.
Read more...Trump Agenda: EPA, State Picks Aligned With Fossil Fuels Industry
Trump’s choices for EPA administrator–Oklahoma Attorney General Scott Pruitt– and Secretary of State– ExxonMobil CEO Rex Tillerson–have each worked either for or on behalf of the fossil fuels industry and share a history of considerable scepticism on the subject of climate change.
Read more...GOP Plans to Gut Social Security
Social Security is on the chopping block. Get the word out.
Read more...Developer of B.S. Detector Apologizes for Including Naked Capitalism in “Fake News” Tool, Yet Fails to Take Responsibility for Non-Transparent Process and McCarthyite Nature of Project
The developer of B.S. Detector apologized for including Naked Capitalism. Unfortunately, his note is revealing, and not in a good way.
Read more...Socio-Economic Determinants of the Italian Referendum Vote
More proof that the Italian rejection of Renzi’s constitutional reform referendum was not a simple “populist uprising”.
Read more...Bill Black: After 30 Years of Throwing Working People Under the Bus, Democratic Party’s “Centrist” Leaders Remain Clueless About Voter Revenge
The Democrats abandoned the working classes long ago and like an abusive spouse, never thought their victims would leave them.
Read more...Capitalism in the Time of Trump?
Neoliberal capitalism has led to underinvestment, lowering productivity and increasing inequality. Will Trump make things better or worse?
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