Toxic Philanthropy? The Spirit of Giving While Taking
Why to be leery of philanthropy, particularly when practiced by squillionaires.
Read more...Category Archives: Free markets and their discontents
Yellow Fever in France
Almost everyone agrees on the analysis of what caused the yellow jacket movement: the growth of inequalities, the marginalization of certain regions and social categories, austerity and neoliberal politics. Then accounts diverge.
Read more...Wolf Richter: “Severe Collapse” of Home Prices Might Trigger a “Financial-Institution Crisis” in Australia: OECD Frets about the Banks
Australia looks to be on the verge of a nasty unwind of its housing bubble. A plunge would damage not only its banks but also retirement funds, since banks play an outsized role in the Australian stock market.
Read more...France’s Macron Makes Concessions While ‘Yellow Vest’ Protests Continue
Some background on the demands the gilets jaunes are presenting to French president Macron.
Read more...The Reality Is Everything Must Change
Why we need the biggest change program in history and must deploy state-created money to mobilize resources.
Read more...Bill Black: Who Said This? A Bank Fraud Quiz
Testing your knowledge of which top Federal officials have been tough and lax on bank fraud.
Read more...The Inconvenient Truth about Climate Change and the Economy
The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action on climate change is needed
Read more...Without Obamacare Penalty, Think It’ll Be Nice To Drop Your Health Insurance? Better Think Twice
The ACA hasn’t made heath insurance more affordable for quite a few people.
Read more...Bernie Sanders: Concentrated Wealth Is Concentrated Power
Bernie Sanders discusses how concentrated economic power is distorting American politics and society.
Read more...Huawei CFO, Daughter of Founder and Possible Heir Apparent, Arrested in Canada on a US Extradition Request on Charges of Transfer of US Technology to Iran
A US criminal case targeting Huawei has thrown a big spanner into US-China relations.
Read more...U.S. Treasury Sanctions Bitcoin Wallets For First Time
The long arm of US law reaches into bitcoin wallets.
Read more...The Impact of Inheritance Taxes on the Labor Supply of Heirs
Inheritance tax cuts cost non-currency-issuing governments more than just the lost inheritance tax revenues.
Read more...Michael Olenick: A Quick Look at the Gilets Jaunes Protests. Update: They Won!
An overview of the gilets jaunes movement.
Read more...How Did Public Land Drilling Rights Become Cheaper Than a Cup of Coffee?
A great public land giveaway is in process….and where has the press been?
Read more...Corbyn Isn’t Seizing the Moment – Because His Labour Party Simply Isn’t Radical Enough
From economic and climate policy, to Brexit and constitutional reform, Corbyn’s Labour doesn’t yet have the depth of ideas to capitalise on the government’s disarray.
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