Why do Democrats act like Republican wannabes with deficit scaremongering? Let us count the reasons: Wall Street, Pete Peterson, hatred of the poor…
Read more...The current and former governors of the Bank of England are singing from very different hymnals on the subject of Brexit.
Read more...Why the hidden health cost of the financial crisis will span decades.
Read more...How many of the textbook explanations of the Great Depression were proven wrong, yet despite that, were misapplied to the Great Recession.
Read more...Classical economics recognized the costs of rent extraction, excessive borrowing, and encouraging speculation over commerce. Ideologues have turned those lessons on their head.
Read more...Energy-bust inflicted to banks and other lenders has only just begun to bite.
Read more...Michael Hudson speaks with Justin Ritchie on his favorite topics, such as debt deflation, austerity, classical economists on rentiers, and the coming financial cold war.
Read more...A proposal for how to overcome the lack of consensus in Europe over the refugee crisis.
Read more...The big obstacle to reducing carbon emissions isn’t economic costs, but inertia and the impact on powerfully placed special interests.
Read more...Moodys give an update on the sorry state of public pension funds’ coffers.
Read more...Why are central banks and governments opting for their unusual negative interest rate stance?
Read more...Walmart has played a huge role in promoting and funding the charter school movement and plans to expand much further.
Read more...The Financial Crisis Inquiry Commission released a raft of documents from its 2010 investigation, including interviews with senior government officials like Alan Greenspan, Hank Paulson, and Sheila Bair, as well as other individuals deemed to be prominent like Warren Buffett and subprime short-seller Steve Eisman. It’s hard to see the justification for keeping information from […]
Read more...The Fukushima site is still leaking radioactive water and the cleanup and remediation will take decades.
Read more...Boom Bust Boom a wickedly funny but mind-expanding analysis of 2008 crisis driven by the proposition that the capitalist system is inherently unstable.
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