Category Archives: Dubious statistics

How the “Maximize Shareholder Value” Myth Weakens Companies and Economic Systems

A multi-level, biological perspective on business shows how simple-minded ideas like “maximize shareholder value” and tolerating predators aredestructive.

Economics for the Rest of Us Explains NAIRU, Including Its Political Implications

An explanation of NAIRU for novices, as well as a discussion of its politics.

Bogus Defenses of Tax-Dodging Corporate Inversions

How corporate executives mislead the public about the economic effects of inversions and other tax strategies that book profits overseas.

Gerald Friedman: How the Dogmatic Despair of Mainstream Economists Brought You Donald Trump

Mainstream economists to ordinary citizens: Drop dead. Or more accurately: Sorry, nothing more can be done for you. There is No Alternative.

Bill Black: Mankiw’s Mythical Ten Commandments of Theoclassical Economics

Examining Maniw’s core myths, um, principles, and how they are dangerously misleading.

After Distancing Herself From Bill Clinton’s Economic Policies, Hillary Wants Him as Mr. Economic Fix It

Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.

Democratic Establishment’s Thuggish Power Grab at Nevada Convention

The Democratic party establishment shows its true colors in Nevada.

Inflation Targeting and Neoliberalism, Part 2

Why inflation targeting is a destructive practice.

Tax-Dodging Corporate Inversions Accelerating

New rules by the US Treasury to curb corporate inversions haven’t done enough to slow the rising tide.

Germany Blinks on Giving Debt Relief to Greece….or Did It?

Despite press reports to the contrary, in this year’s game of chicken over the Greek bailout, it looks like the IMF, and not Germany, blinked.

The Minimum Wage Increases = Job Loss Myth

Repeat after me: study after study shows that minimum wages increases don’t lead to job losses.

Inflation Targeting and Neoliberalism

An interview on inflation targeting and its implications.

Naked Capitalism’s Diptherio Discusses Flaws in Unemployment Reporting

Lies, damned lies, and statistics, unemployment report style.

When Commodity Prices Fall

Decomposing the drivers and effects of commodity price swings.