Michael Hudson: 10 Years Since Lehman Brothers Bankruptcy – Did the Economy Really Recover?
Michael Hudson discusses the economic impact of not writing down debts in the wake of the crisis.
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How Climate Change Is Increasing Global Hunger
New bad facts on world hunger.
Read more...Florence is the Worst Flood in East Coast History. Here’s How Locals Describe It.
Eyewitness accounts of Florence and its aftermath.
Read more...Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment
Why you should take conventional wisdom about the Lehman collapse and the crisis with a fistful of salt.
Read more...Anticipatory Unease: A Visit to the Coastal Maine Botanical Gardens
By Lambert Strether of Corrente. During Naked Capitalism’s comment holiday, Yves and I also visited the Coastal Maine Botanical Gardens (CMBG), “Maine’s Premier Botanical Garden,” which it is! From their site: In just ten short years, Coastal Maine Botanical Gardens has become one of the largest public gardens in the country, ranking among the top […]
Read more...Double Whammy: Implicit Subsidies and the Great Financial Crisis
Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.
Read more...Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940
An in-depth look at Marriner Eccles’ ideas and policies, and how well they have withstood the test of time.
Read more...Brexit: Circling the Drain?
Has anything changed on the Brexit front?
Read more...UK Consumers Sour on Plastic Packaging
Surveys indicate that consumers are souring on the ubiquitous use of plastic packaging– at least in the UK. Yet these shifts alone won’t be sufficient to address the problem. Governments must up their regulatory game, and global action is necessary.
Read more...Pigs Want To Feed at the Trough Again: Bernanke, Geithner and Paulson Use Crisis Anniversary to Ask for More Bailout Powers
The chief architects of the exercise in looting otherwise known as the post-crisis rescues are back promoting more of the same.
Read more...Dengue on My Mind: Spending on ‘Diseases of Poverty’ Not Enough to Create Effective Vaccines
A drop-off in funding for vaccines for ‘diseases of poverty’ is another consequence of the financial crisis. A recent study laments bleak prospects for breakthroughs on malaria, tuberculosis, dengue, and other diseases. Climate change is expanding the range where these diseases may be contracted.
Read more...Plastic Watch: First Ocean Cleanup Array to Launch Tomorrow
The first Ocean Cleanup Array is scheduled to launch from San Francisco Bay tomorrow. Target: the Great Pacific Garbage Patch, a major ocean plastic accumulation zone more than three times the size of France.
Read more...Fear and Loathing — Mostly Loathing — with Chris Hedges at the Harvard Club
A conversation with Chris Hedges about his apocalyptic new book America: The Farewell Tour (Simon & Schuster, August 2018).
Read more...Trans Mountain Pipeline a Serious Misstep for Trudeau
Inept political maneuvering by Prime Minister Justin Trudeau has turned what was a longstanding controversy in Canada over Kinder Morgan’s Trans Mountain pipeline project into a complete and utter quagmire.
Read more...UN to Launch Talks on Treaty to Regulate High Seas
Talks kick off in New York on Tuesday to negotiate a UN treaty on the high seas by 2020; this would extend the existing law of the sea framework beyond each nation’s territorial waters.
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