Category Archives: Free markets and their discontents

737 Max May Stay Grounded into 2020; Why Does Boeing CEO Muilenburg Still Have a Job?

Boeing remains mired in its 737 Max mess.

Is There a Global Future for Unions?

A personal retrospective on the forces driving the rise and decline (and hopeful revival) of unions.

Michael Hudson: De-Dollarizing the American Financial Empire

Michael Hudson on how the US was able to turn its change from creditor to debtor to its advantage.

Hospitals Block ‘Surprise Billing’ Measure In California

Hospitals flex their muscles and the public loses.

It Is Time To Start Forgiving Student Loans – And Here Is What It Will Cost

A far-ranging plan for cleaning up the student loan mess.

Transfer (Mis)pricing, the Jewel in Every Multinational Enterprise’s Crown

Transfer pricing: How developing countries lose $3 billion every day through an accounting trick that allows corporations to avoid paying tax.

PG&E Neglected Maintenance for Years Despite Known Fire Risk; Judge Demands Prompt and Clear Answers to WSJ Expose

A Wall Street Journal expose of PG&E’s willful failure to maintain its transmission lines, directly tied to California’s most lethal fire, led a judge to demand answers.

Martin Wolf v. Trumponomics Whiffs Due to Fealty to Orthodoxy

The Financial Times’ Martin Wolf has a go at Donald Trump, but manages to score an own goal as far as his profession is concerned.

Is Industrial Policy Finally Legitimate?

Awfully late in the game, industrial policy gets the recognition it deserves.

The Myth of Expansionary Austerity

If you hold mainstream economic views, it was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

Should We Tax Wealth?

Kicking the tires of a wealth tax.