The Great Deformation: Why Income Inequality Has Become Intractable
Recent work on iinequality by Lance Taylor says this will be a particularly hard problem to solve.
Read more...Category Archives: Free markets and their discontents
We’ve Endured Years of Bragging From Trump—What Would an American Trade ‘Victory’ Look Like?
Will Trump declare a win if his trade representative fails to negotiate a viable long-term solution with Beijing?
Read more...Boeing’s 737 Max Debacle: The Result of a Dangerously Pro-Automation Design Philosophy?
A deep dive on the 737 Max fiasco.
Read more...Making American Schools Less Great Again
An on-the-ground report from a teacher in Beverton on how the war on schools’ funding is leading teachers to strike.
Read more...Embedded Internationalism: The Only Way to Fight the Global Oligarchy
Rethinking internationalism as a way to counter the power of a rootless global elite.
Read more...Can Antitrust Law Rein in Facebook’s Data-Mining Profit Machine?
Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.
Read more...‘The Greed of UnitedHealth Is Killing Americans’: Progressives Hit Back as Insurance CEO Bashes Medicare for All
The health care industry’s first salvo against Medicare for All did not go well.
Read more...Mourning Notre Dame
A few sad words about the loss of Notre Dame.
Read more...Warren’s Antitrust Proposal: Should We Break Up Big Tech, or Just Regulate It Better?
While it is gratifying to see Senator and presidential contender Elizabeth Warren focusing on antitrust and the abuse of monopoly power, her $25 billlion fix looks too simplistic.
Read more...A Veblen Moment: Thorstein Veblen’s Lessons from the First Gilded Age Even More Relevant Today
Veblen was early and accurate about the behaviors and dangers of the super rich. Tthe advanced world is re-living his warnings.
Read more...Italy: How to Ruin a Country in Three Decades
How Italy became an economic mess.
Read more...Gail Tverberg: The True Feasibility of Moving Away from Fossil Fuels
Why our societies will remain dependent on fossil fuels much longer than we’d like.
Read more...MMT, Models, Multidisciplinarity
Pavlina Tcherneva does the heavy lifting of debunking an off-the-mark attack on MMT by Noah Smith.
Read more...World Bank Financialization Strategy Serves Big Finance
The World Bank continues its proud tradition of making the world safe for rentiers, um, financiers.
Read more...We Need to Stop the Overdiagnosis Disease. Step 1: Remove Vested Interests
Time to stop treating people as targets for disease treatments.
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