Category Archives: Free markets and their discontents

U.S. States Just Lost Pipeline Veto Rights And That’s A Big Deal For Oil

The EPA issued new regulations on pipeline approvals that narrow state authority to intervene. But the fight may not be over.

Hubert Horan: What Will it Take to Save the Airlines?

The airlines are facing an existential crisis, yet no one in power is inclinded or even equipped to intervene.

The Fleming Myth and the Public Sector Contribution to Discovery and Development of New Cancer Drugs

Abstract, “basic research” is essential to drug discovery. It is also largely funded by the public sector.

Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich

Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.

What’s the Earliest a Progressive Democrat Can Be Elected President?

Progressive pickins look mighty slim.

EU Stimulus Fakery as Brexit Stumbles Forward

The news on the EU and UK fronts is less than promising. It looks good only compared to rampaging cops on this side of the pond.

Why New Infrastructure Is a National Imperative

Time to do something about America’s creaky infrastructure.

Uber Destroys More Value: Demolishes Bikes from Failed Rental Businesses Rather Than Donate Them

Uber behaves badly yet again.

Heiner Flassbeck: The Euro Arrangement Is Faulty

Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.

U.S. Declares a Vaccine War on the World

The U.S. fumbled its coronavirus response. Its intent to hoard vaccine profits only isolates it from other countries working on remedies.

Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era

An incisive take from the no-holds-barred Tom Ferguson.

What Are the Three Concurrent Crises of the Coronavirus Depression?

Past theories of crises and why they matter now.