Mariana Mazzucato: What Is Economic Value, and Who Creates It?
Mariana Mazzucato takes apart conventional wisdom about how economic value is generated.
Read more...Category Archives: Free markets and their discontents
There is No Economics Without Politics
Debunking the pretense that the economics discipline is neutral or objective.
Read more...As NLRB Delivers ‘Victory’ to McDonald’s, Docs Reveal Fast Food Giant’s Dirty Anti-Union Tactics
McDonald’s does not play nice.
Read more...The “Fixing Capitalism” Headfake
Why most plans to create a kinder, gentler capitalism fall way short.
Read more...Payday Lenders Offering Installment Loans to Evade Regulations – But They May Be Even Worse
When is a payday loan still pretty much a payday loan? When it’s an installment loan with annual interest rates over 100%.
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...Estuaries, Climate Change, and “Blue Carbon”
Estuaries defined, whether they are carbon sources or carbon sinks, and an excursion into the world of climate NGOs through “blue carbon.”
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...US Targets Wage-Repression Model in Mexico, Demands Inspections, Industry Has a Cow
A proposed provision in the so-called “NAFTA 2.0” to increase autoworker wages in Mexico is raising hackles south of the border.
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...Tucker Carlson Tears into Vulture Capitalist Paul Singer for Strip Mining American Towns
Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.
Read more...The Debt Delusion
A short take on John Week’s new book, The Debt Delusion, and why it matters.
Read more...Why the UK Needs a Financial Transaction Tax
Claims that a financial transaction tax would be difficult to implement and raise little revenue are fake news.
Read more...