Michael Hudson on Meet the Renegades
Michael Hudson gives a freewheeling interview on some favorite topics like rentier capitalism and why the Great Moderation wasn’t so great.
Read more...Category Archives: Dubious statistics
How Does Diversity Affect Economic Growth? A Look at Data on Immigration, Tax Rates and Real GDP per Capita
Why Trump’s tax policies and Clinton’s immigration policies are both deficient in terms of their stated objective of promoting growth.
Read more...Dean Baker: Rigged – How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer
Dean Baker explains how market structure, which results from policy choices, legislation, and regulation, serve the rich first and foremost.
Read more...Ilargi: Why the Energy Crisis is Coming Sooner Than Most Experts Forecast
Why the timeframe for replacing oil is much shorter than most experts believe, making a crisis almost impossible to avoid.
Read more...Bill Black: Bank of England Says Authorities Mustn’t Fine Banks Because Groaf
The Bank of England offers an easily-debunked defense of predatory and fraudulent lending.
Read more...The Evidence Is Clear: Population Growth and Prosperity Are NOT Linked
An in-depth analysis of why the assertion that more population growth promotes higher living standards is bunk.
Read more...Unemployment Insurance Extension During Great Recession Did Not Destroy Jobs
Debunking the claim that extending unemployment insurance during the aftermath of the crisis was a bad idea.
Read more...Even CalPERS Admits Private Equity Returns Are Fizzling
Like second marriages, private equity has become a triumph of hope over experience.
Read more...Not So Wondrous Drugs? – New Warnings about Severe Adverse Effects of New, Heavily Marketed Drugs for Hepatitis C
Dangerous diseases like hepatitis C make it a bit too easy for drugmakers to peddle wonder cures….
Read more...The CETA Trade Pact Will Add to the Groundswell of Discontent: Why We Need More Informed Decision-Making
Why citizens are correct to be worried about trade deals like CETA and the TTIP.
Read more...Are Our Earnings Really Our ‘Just Deserts’?
Why the idea that wages represent “just deserts,” as in the individual’s contribution to social output, is bunk.
Read more...The Prospects for Technology-Driven Growth: Dismal or Dazzling?
Advanced economies are caught between two giant, competing truths: economic growth is slowing down, and science is flourishing.
Read more...When Bank Boards Get Too Cozy, Expect Misconduct
Why regulators and investors need better measures of the connections between bank executives and their boards.
Read more...Stumpf is Still Faking It – Claims 75% Couldn’t Resist Wells Fargo Credit Cards
In a not-exactly-shocking development of the ongoing Wells Fargo account faking scandal (see our previous coverage here, here and here if you’re late to the party and need a quick catch-up) CEO John Stumpf, fighting a rear-guard action, is making outlandish claims about how, having begun the process of contacting customers who it has cause to […]
Read more...Wolf Richter: “Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse – New York Fed
The Fed ‘s creative euphemisms for how real wages are sinking for many won’t keep threats like Trump at bay.
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