Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
Read more...The example of New York City shows that the rich are continuing to pull ahead during the Covid respite.
Read more...Some non-mainstream experts discuss inflation: what is driving it, how long it might persist, and what if anything the officialdom can do.
Read more...The ink is barely dry on COP26 pledges, and it’s not hard to see that they are largely for show.
Read more...While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...The popularity of the Dems is diverging from the apparent trajectory of the economy, a not normal state of affairs.
Read more...Who’d have thunk it? Beating the workers not only does not improve morale, it is leading them not to turn up at all.
Read more...The financial press overhyped the latest Fed stabilty report’s comments on China, and ignored the near total absence of supply chain woes.
Read more...Cheerleading about the much improved jobs picture overlooks how many workers have gone missing.
Read more...Economists project that prices for energy-transition metals will soar and their combined value could match that of crude oil
Read more...Have the contradictions of the Democratic Party’s overarching strategy finally become untenable?
Read more...Corporate debt levels are up due to Covid. Some will businesses will not make it. Restructuring sooner is better for everyone than later.
Read more...How New York City taxi drivers won a rare and much needed debt restructuring.
Read more...Voters are not eating cake, um, the Democrats’ dogfood.
Read more...Deere union members at 12 of 14 factories put the screws on management by rejecting their latest offer.
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