Work of the Past, Work of the Future
How the change in the nature of work has helped increase income inequality.
Read more...Category Archives: Free markets and their discontents
Costly Confusion: Patients Caught by Medicare Not Covering Annual Physical Exams
Yves here. This post presents a classic example of why medical care in America sucks. It’s too much about billing and not enough about patient care. I know patients who can have a yearly visit to an MD covered under their plan as either a physical or a medium complexity visit for conditions for which […]
Read more...Brexit Delay Will Not Postpone Deglobalisation
The world economy has experienced deglobasation phases before. How this one differs from its predecessors.
Read more...What Republicans and Billionaires Really Mean When They Talk About ‘Freedom’
Why the meaning of the word freedom very much depends on your economic standing.
Read more...Technology: From Copycats to Innovators
How China is cuttting into America’s technology advantage, and how the US can respond.
Read more...Bill Black: The Day Orthodox Economists Lost Their Minds and Integrity (#MMT)
Chronicling and debunking more scurrilous attacks against MMT.
Read more...“Middle Class” Once Meant Stability and Now Means Fragility
The middle class used to be the bedrock of American institutions. Now its members are coping with an uncertain future.
Read more...Outsourcing Giant Interserve with 65,000 Employees Collapses
Another UK outsourcing implosion in just over a year….what gives?
Read more...Of Course We Can Pay for a Green New Deal, but We Can’t Escape Hard Choices
A high-level discussion of some of the operational issues posed by a Green New Deal.
Read more...Bill Black: Three Natural Experiments Documenting Krugman’s Bias Against MMT
Funny how considering MMT brings out the worst in some people….
Read more...MMT Responds to Brad DeLong’s Challenge
Randy Wray wades in yet again to contend with disinformation about MMT.
Read more...Martin Wolf: Why Economists Failed as “Experts”—and How to Make Them Matter Again
Economists should stop pretending to be scientists and go back to the core of the discipline—as a field of inquiry and way of thinking
Read more...The EU Is Facing Gigantic Questions About Its Future That Are Hidden in Obscure Bank Policy Decisions
The ECB again rides in to try to paper over fundamental problems with the EU’s structure and to offset is austerity bias by restarting QE. But the EU needs more government spending. Will it take another crisis to get there?
Read more...Bill Black: MMT Takes Center Stage – and Orthodox Economists Freak
On the remarkable surge of interest in and attacks against MMT by mainstream economists and pundits.
Read more...Boeing Crapification: Second 737 Max Plane Within Five Months Crashes Just After Takeoff
Another Boeing 737 aircraft crashed minutes after takeoff in Addis Ababa yesterday, killing all 157 passengers on board, in circumstances similar to last October’s Lion Air crash in Indonesia. Consequences for Boeing depend on what the just-recovered voice and data recorders reveal.
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