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.
Read more...Category Archives: Free markets and their discontents
Hospitals Block ‘Surprise Billing’ Measure In California
Hospitals flex their muscles and the public loses.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...Is Industrial Policy Finally Legitimate?
Awfully late in the game, industrial policy gets the recognition it deserves.
Read more...Why Busy-Ness Is So Damaging
How our economic and political order fuels busy-ness, harming both individual and community well-being.
Read more...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.
Read more...Should We Tax Wealth?
Kicking the tires of a wealth tax.
Read more...Michael Hudson Discusses the IMF and World Bank: Partners In Backwardness
Michael Hudson explains how the IMF and World Bank support US hegemony.
Read more...Mobility and the Desire for Sovereignity in Europe
Lack of geographic mobiliity is a major culprit in the rise of nationalism.
Read more...Charter Schools Unleashed “Educational Hunger Games” in California. Now It’s Fighting Back.
Andrea Gabor, author of “After the Education Wars,” discusses how California is pushing back on millionaire-driven charter schools. Will the rest of the America follow?
Read more...Takers and Makers: Who Are the Real Value Creators?
Why stories from “value creators” should be taken with a fistful of salt.
Read more...Rebel Economist Breaks Through to Washington on How Shareholder Value Theory Rewards the Undeserving
How William Lazonick persuaded pols and pundits that the shareholder value theory was bad for business and society.
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