The “Fixing Capitalism” Headfake
Why most plans to create a kinder, gentler capitalism fall way short.
Read more...Category Archives: Economic fundamentals
To Resolve the Economic & Environmental Crisis, Do Not Bank On the Private Sector
More political leaders are coming around to the idea of using government economic muscle to combat climate change. But will they act?
Read more...Misunderstanding Volcker
A reappraisal of Volcker, who was more hostile to workers and less hard on financiers than the press would have you believe.
Read more...A Window into European Versus US Management
Evidence keeps accumulating that American management is rotten.
Read more...The Geography of EU Discontent
The EU’s flyover, meaning areas in economic decline, are also its hotbeds of discontent and anti-EU sentiment.
Read more...Financialization of the U.S. Pharmaceutical Industry
A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.
Read more...Why Hospitals Never Have Enough Nurses: The Explanatory Power of “Prasad’s Law” of Wealth Concentration
Nurses, or more accurately, nurse staffing levels demonstrate a central bad incentive in American medicine.
Read more...The Debt Delusion
A short take on John Week’s new book, The Debt Delusion, and why it matters.
Read more...J.D Alt: The People’s Money (Part 4)
Why a Green New Deal looks like it will create a money, as in spending, as in inflation problem. Rest assured, there is an answer….
Read more...What This Election Proves Is the Need for Epoch Making Change
The upcoming UK election will usher in major change. But will it be change that benefits ordinary people?
Read more...What’s Behind the Subprime Consumer Loan Implosion?
Subprime loan repayment continues to deteriorate. What is going on?
Read more...Neoliberalism and Climate Change
How economists have contributed to climate change inaction.
Read more...Leaked US Trade Talks Show How Trump Is Dictating Johnson’s Approach to a Hard Brexit
Far from Brexit letting the UK takw back control, it has entered into a relationship where it holds none of the cards.
Read more...Financing a Global Green New Deal: System Change Needed
Discussion of a contested topic: How to pay for a Green New Deal.
Read more...The China Cables: Leaked Classified Chinese Documents Confirm China Running Massive Concentration Camps to “Re-educate” Uighurs
A document leak gives chilling insight into the biggest detention of an ethnic group, the Uighurs, since the Holocaust.
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