Forty Percent of Biden IRA Manufacturing Projects Behind Schedule or Paused
A new study by the Financial Times on the early results from Biden Administration IRA spending raises as many questions as it answers.
Read more...Category Archives: Free markets and their discontents
‘Corporate Greed Is Out of Control’: Warren Slams Kroger’s AI Pricing Scheme
If you have shopped at Kroger, please consider boycotting them over them over their surge pricing grifting plans.
Read more...The Irrationality of Markets
More evidence that the current level of advanced economy secondary market trading is bad for economic health.
Read more...Despite the Recession-Emergency-Rate-Cut Buffoonery, the Services Sector Expands Strongly on Growth in New Orders & Employment. Inflation Pressures Still On
Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled
Read more...Hoisted from Comments: Is Intel Going Down the Boeing Path?
Why Intel’s prospects are even worse than its stock price plunge and worried press accounts suggest.
Read more...Repaying Bank Loans Destroys Money
Richard Murphy discusses a key, and not well understood, implication of repaying bank loans.
Read more...CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns
A discussion of the regulatory and behavioral issues that helped produce the Crowdstrike 404.
Read more...Let’s Abolish the Colonial IMF on Its 80th Birthday
Developing country protesters want the IMF to stop exploiting countries in debt crisis. But is BRICS prepared to fill the gap?
Read more...“Censorship to Defend Democracy”
ZOMG, VoxEU starts with the premise that censorship is of course warranted, but finds current implementations have not worked well.
Read more...U.S. is Facing a Major Energy Crunch Due to AI’s Insatiable Demand
A proposed Department of Energy initiative show the US is unserious about either curbing AI energy demand or managing the impact on the grid
Read more...Michael Hudson Speaks to Luca Placidi About Global South Debt Peonage and the Inevitability of Multipolarity
Yves here. We are introducing most of you to Luca Placidi, founder of an Italian YouTube channel called “Tracce di Classe”. Placidi who started his blog and website in late 2023, “after the war in Ukraine and the one in Gaza made the mainstream media narrative impossible to be listened to.” He discussed politics and […]
Read more...AI Financial Crises
Yes, Virginia, AI, like older forms of automated trading, has a nasty propensity to cause crises.
Read more...Net-Zero Ambitions Hit Major Roadblocks in Europe, UK, and US
The projected failure to meet insufficiently ambitious climate change goals like net zero should come as no surprise.
Read more...More Poverty for the Poor
The position of both poor nations and the poorest income groups globally has been deteriorating.
Read more...The Global Semiconductor Talent Crunch: How Protectionism Backfired
Oopsie! US semiconductor protectionism looks to have reduced the size of the pool of needed workers and experts.
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