New Research: Australia’s Immigration System Undercuts Workers
Drawing lessons from Australia’s immigration policies.
Read more...Category Archives: Free markets and their discontents
American Life Expectancy Continues to Fall: Rise in Suicides, Overdose Deaths the Big Culprit
America’s falling life expectancy is a symptom of rising social distress.
Read more...Betting on BECCS: Will Bio-Energy with Carbon Capture and Storage Help the Climate?
BECCS has big problems with its inputs and its outputs. Perhaps other solution to global warming should be prioritized.
Read more...You May Not Actually Own Your Bitcoin: Legal Expert
Yet another reason to be leery of Bitcoin and other cryptocurrencies.
Read more...The Global Financial Crime Wave Is No Accident
Financial crime is a feature of our global financial system not a bug, pioneering economist Susan Strange recognized.
Read more...Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
Another look at the ugly Sears bankruptcy.
Read more...Michael Hudson: “Moral Hazard” vs Mutual Aid – How the Bronze Age Saved Itself from Debt Serfdom
Bronze Age societies forgave agricultural debt to keep cultivators working on their land, able to pay taxes and work in the military and on public projects. Lenders were seen as greedy and exploitative.
Read more...Why I Have Given Up on Powell’s Books
My inability to place an online order at Powell’s Books despite multiple attempts says something is very wrong.
Read more...How Trump’s Game of Chicken With Iran Could Weaken the Dollar’s Role as the World’s Currency
Politicizing the SWIFT payments system is leading other nations to the search for alternatives to the dollar.
Read more...When the Middle Class Lost Its Wealth
Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.
Read more...Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts
Why debt unforgiveness is the original and incurable curse on our post-eighth-century-B.C. Western Civilization,
Read more...High Stakes, Entrenched Interests And The Trump Rollback Of Environmental Regulations
Trump’s “progress” in gutting environmental protections.
Read more...Trump and the Midterms: Is It Not The Economy, Stupid?
What role did the state of the economy likely play in the midterm results?
Read more...Boeing, Crapification, and the Lion Air Crash
Boeing looks culpable for the Lion Air crash that killed 189 people.
Read more...AOC Rental Woes a Reminder of Worsening Conditions for Workers
Rising rental costs put a spotlight on how it is even harder than ever for ordinary workers to get by.
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