Government Health Financing for All, Not Insurance
Why health insurance schemes, both private insurance and society-wide programs, are more costly than and inferor to government funding.
Read more...Category Archives: Economic fundamentals
The Bizarre and Widely Disparaged Fitch Downgrade of US Government Debt to AA+
The financial press and Mr. Market shrugged off the Fitch downgrade of US government debt from AAA to AA+. Why?
Read more...Two Overlapping Takes on Inflation
MMT backer Richard Murphy and London finance organ City A.M. have surprisingly simliar views on the causes of inflation but differ on remedies
Read more...Going on a Big Energy Diet: Will the Status of Women Be a Casualty?
Will coming energy crunch roll back women’s gains?
Read more...Explaining China’s & India’s Reported Differences Over Expanding BRICS
Quelle surprise! China and India have different economic interests, which means they have diverging visions for BRICS development.
Read more...Why the GOP Is Trying to Take Credit for Union Workers’ Infrastructure Victory
The feckless Dems get no respect, even on the rare occasions when they do the right thing, as with a recent infrastructure bill.
Read more...Central Banks and Income Distribution: Does the Taylor Rule Push Up Rentier Incomes?
An explanation of how a favorite Fed rate setting tool, the Taylor Rule, promotes inequality by shifting income away from workers.
Read more...Alt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western Sanctions
Andrew Korybko explains why the BRICS won’t move as quickly on the new reserve currency projects as enthusiasts suggest.
Read more...Energy Destinies – Part 7: Endgames – The Strait Jacket
A look at population growth and energy consumption shows that there is no way the world will change behavior enough to stop worst outcomes
Read more...Rage, Neoliberalism, and Phone Trees
How neoliberalism is contributing to the collective sour mood.
Read more...The Looming War Against China: Economic Logic Has Been Replaced by National Security Overrides
Michael Hudson provides a deep dive on the US’ and now its Western allies’ obsessive campaign against China.
Read more...“Bidenomics” Has No Answer for Eviction Crisis – Or Much Else
Most recent announcement has rental platforms promising to increase transparency of how much you’re being gouged but do nothing to lower costs.
Read more...Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt
A deep dive on developing country debt crisis and how they reveal the workings of international finance.
Read more...Michael Hudson: Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial order.
Read more...The Impact of Brexit on the UK economy: Reviewing the Evidence
Two-thirds of the British public think Brexit has damaged the economy, and all indications are that they’re right. Where does the UK go from here?
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