Category Archives: Free markets and their discontents

Department of Justice to Saddle Up Against Private Equity Consolidation/Monopolization Plays. Will It Work?

The Department of Justice says it is taking aim at private equity. Will it hit any targets?

The Tory Guide to Surviving the Cost of Living Crisis

From moving into your parents’ annex to getting a better-paid job, the government has some savvy little tips for cost savings.

Your Money and Your Life: Private Equity Blasts Ethical Boundaries of American Medicine

In a harrowing new book, Laura Katz Olson exposes how private equity is taking over health care companies – and preying on human lives.

How the Options Tail Has Come to Wag the Market Dog: A Simple English Language Explanation of How Structural Changes in the Stock Markets Contribute to Whipsaw Movements in Prices

Why the use of options may be the risk bomb that blows a big hole in our financial system.

Whither Hegemony? Prof. Wen Tiejun Foreword to Michael Hudson’s The Destiny of Civilization

The development and future of America’s hegemony is a major focus of Michael Hudson’s new book, The Destiny of Civilization.

Inflation Freakout and Possible Fed Overshoot

There’s a lot of nattering about inflation and not enough insight.

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.

Book Review: The Toxic Legacy of DDT

In “How to Sell a Poison,” Elena Conis chronicles the history of DDT and its lasting impact.

Brief Comments on the TerraUSD and Tether Stablecoin Breakdowns

Why the two big stablecoin breakdowns of last week, TerraUSD and Tether, look like frauds.

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.

What Blew Our Financial Bubble So Big?

Why it’s more fun and profitable to be in the bubble economy than the real one.

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.”

James Galbraith: The Dollar System in a Multi-Polar World

On the rise and decline of the dollar system.

Out of Africa: Rich Continent, Poor People

A new book documents the scale and mechanism of the looting of Africa.