Los Angeles Hit Hard by Implosion of Freelance Work
The collapse of high-end freelance work isn’t just about the loss of incomes. If it persists long enough, it means the loss of capabilities.
Read more...Category Archives: Free markets and their discontents
Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF
A discussion of the state of capitailsm, with a European/Lebanase slant.
Read more...We Won’t Have a Truly Global Economy Until We Tax It That Way
Tax is an enormously powerful tool for shaping economic policy and thus bears close watching.
Read more...Michael Hudson on Coronavirus and Debt Winners and Losers
Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.
Read more...The Best Law Capital Can Buy
A review of the important new book “The Code of Capital: How the law creates wealth and inequality.”
Read more...America Sits on Its Hands as Covid-19 Cases Rise
More signs of Covid-19 breakdown.
Read more...The Economy Isn’t About Money. It’s About Putting Food on the Table
Our Enlightenment predecessors recognized not one but five economies – and the pandemic has reinvigorated our taste for them.
Read more...How America’s Covid-19 Rescues Look Set to Increase Inequality
Why the Covid-19 bailouts are coming at a high social cost.
Read more...The Police Weren’t Created to ‘Protect and Serve.’ They Were Created to ‘Maintain Order.’ A Brief Look at the History of Police in America
America’s police started out as muscle deployed against labor organizers.
Read more...Reviving the Economy, Creating the ‘New Normal’
Covid-19 rescues will reshape the economy, as we see in the US, with fat cats getting fatter. Will other countires make sounder choices?
Read more...How the Disappearance of Union Jobs Obliterated an Emergent Black Middle Class
How union support boosted black economic and social progress.
Read more...Julian Assange Just Called. To Talk About the Pandemic’s Effect on Capitalism & Politics!
Yanis Varoufakis briefs Assange on the devolution of capitailsm.
Read more...The Cost of Staying Open: Voluntary Social Distancing and Lockdowns in the US
Yves here. As various analyses have shown, in many places, governments implemented lockdowns after citizens had started restricting their activities to avoid contracting Covid-19. It’s useful to see economists address the question of what the cost of doing nothing or very little would have been. By Adam Brzezinski, DPhil (PhD) candidate in Economics, University of […]
Read more...Fliers Beware: Poor Mask Discipline Endemic Even Among Airline, Airport Staff
Airlines and airports are cutting their workers way too much slack in mask wearing. They are a hazard to each other and to passengers.
Read more...Revealed: Nearly 400,000 British Companies Evade Anti-Money Laundering Checks
David Cameron promised to stop scammers and kleptocrats hiding behind British shell companies. But almost one in ten UK firms still do not declare ‘persons of significant control’
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