Category Archives: Dubious statistics

Oxford Professor Phalippou: Since 2006, Private Equity Has Produced Only S&P 500 Returns While Reaping $400+ Billion in Fees

Oxford professor Ludovic Phalippou gives a decisive debunking of the claim that private equity outperforms.

Inequality and Ordinary Living Standards in Rich Countries

How the evolution of the rise in inequality in the US has dominated and distorted economists’ and pundits’ commentary; data show that some pet generalizations don’t hold up.

The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response

Michael Hudson explains how we’re still in the crisis that started in 2007-2008.

The World Is Hot, on Fire, and Flooding. Climate Change is Here.

In the midst of a global heat wave, the media refuses to talk about climate change.

Economy of Intangibles

Has the rising role of intangibles, as in intangible assets. helped cause secular stagnation?

Reproducibility Crisis Reaches All Randomised Controlled Trials

Social and medical sciences depend on randomised controlled trials, even though they harbor more assumptions and biases than commonly understood.

Richard Murphy: Ignore the Gini Coefficient – Real Inequality Is Growing and People Are Suffering as a Result

More lying with statistics on the inequality front.

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.

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.

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.

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.

Bill Black: Bitcoin Frauds Keep Growing

Another area where bitcoin hype exceeds reality.

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.

Brexit: An 11th Hour Referendum Headfake to (Again) Blame the EU for the Goverment’s Failings?

Gaming out a Brexit scenario.