Interview: Teaching Graham Elwood Modern Money, and How the Progressive Media Gets It Wrong
A case study in teaching modern money to a progressive who unknowingly has swallowed neoliberal economic ideas.
Read more...Category Archives: Dubious statistics
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...Naked Capitalism Readers Issue Scam Alert For Amazon’s “Become Our Freight Shipper” Scheme
Amazon isn’t satisfied with creating modern day sweatshops via its warehouses. It wants to suck the capital and labor of the not-so-savvy entrepreneur wannabes into its maw.
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...Bill Black: Bitcoin Frauds Keep Growing
Another area where bitcoin hype exceeds reality.
Read more...Bill Black: Democrats Should Reject Bernanke’s ‘Wily E. Coyote’ Criticism of Trump’s Deficits
Bernanke engages in a new episode of ideologically motivated economic prognostication.
Read more...Brexit: An 11th Hour Referendum Headfake to (Again) Blame the EU for the Goverment’s Failings?
Gaming out a Brexit scenario.
Read more...Worrying About the Deficit Is So 17th Century
Deficit hawks have been wrong for even longer than you thought.
Read more...Official Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12%
Why the headline unemployment numbers give a wildly rosy picture of the state of US labor markets.
Read more...The U.S. Is Not at Full Employment—Don’t Believe the Trump Administration’s Hype to the Contrary
Why recent employment statistics are giving an unduly rosy picture of the state of the US labor market.
Read more...20% of Inmates in California Jails on Psychotropic Medications
Why are inmates in California jails being medicated at much higher rates than in the past?
Read more...Warren Buffett’s Mortgage Companies Engage in Alleged Discrimination Against Minority Borrowers, Violating Fair Housing Act
An investigative report suggests that Berkshire Hathaway’s mortgage lending operation discriminates against minority borrowers.
Read more...New Report: Most State Pension Funds, Including CalPERS, Lag 60/40 Investment Mix at Higher Cost, Resulting in Even Higher Shortfalls
Yet another stunning indictment of public pension fund management. If the biggest funds with the best staffs can’t beat a simple Vanguard portfolio, why aren’t more heads rolling?
Read more...Michael Hudson: “Creating Wealth” Through Debt: The West’s Finance-Capitalist Road
Why debt is the great threat to modern China’s development.
Read more...Barbara Ehrenreich Versus Preventive Care, American Style
Why preventive medicine is not all it is cracked up to be.
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