Inflation Freakout and Possible Fed Overshoot
There’s a lot of nattering about inflation and not enough insight.
Read more...Category Archives: Free markets and their discontents
As the Planet Warms, Let’s Be Clear: We Are Sacrificing Lives for Profits
Climate change is the result of a deadly calculus: human lives are worth risking and even losing over the profits of global corporations.
Read more...Book Review: The Toxic Legacy of DDT
In “How to Sell a Poison,” Elena Conis chronicles the history of DDT and its lasting impact.
Read more...Brief Comments on the TerraUSD and Tether Stablecoin Breakdowns
Why the two big stablecoin breakdowns of last week, TerraUSD and Tether, look like frauds.
Read more...Michael Hudson on Decline of Dollar, Sanctions War, Imperialism, Financial Parasitism
Economist Michael Hudson discusses the decline of the US dollar, the sanctions war on Russia, his concept of “free-trade imperialism,” and financial parasitism.
Read more...What Blew Our Financial Bubble So Big?
Why it’s more fun and profitable to be in the bubble economy than the real one.
Read more...Mothers, Lock Up Your Sons So They Don’t Practice “Yield Farming” in Crypto
“You’re just like, well, I’m in the Ponzi business and it’s pretty good.”
Read more...James Galbraith: The Dollar System in a Multi-Polar World
On the rise and decline of the dollar system.
Read more...Medicare Surprise: Drug Plan Prices Touted During Open Enrollment Can Rise Within a Month
Yet another Medicare grift. And there’s little you can do to get out of its way.
Read more...Out of Africa: Rich Continent, Poor People
A new book documents the scale and mechanism of the looting of Africa.
Read more...How Young Workers Are Unionizing Starbucks
How young Starbucks staffers are leading the unionization charge.
Read more...Minneapolis Teacher Strike Brought Unity, Victory and a Reminder of the Threats Facing Public Education in the U.S.
Teachers ended a nearly three-week strike, citing advances in pay and working conditions for many members. But more work remains.
Read more...CDC Delenda Est
More on why the CDC is beyond redemption.
Read more...Sri Lanka Economic Crisis Inflicted by Self-Serving Elite
How the Sri Lanka debt crisis was decades in the making.
Read more...Naive Questions About Russia’s War Economy
Russia is now debating alternatives for putting its economy on a war footing: nationalizations or keeping billionaire capitalism in place.
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