Category Archives: Free markets and their discontents

Shall We Kill the Hay Exports or the Cows?

Hay has become a scarce resource in Australia, and not for the best reasons.

Pigs Want To Feed at the Trough Again: Bernanke, Geithner and Paulson Use Crisis Anniversary to Ask for More Bailout Powers

The chief architects of the exercise in looting otherwise known as the post-crisis rescues are back promoting more of the same.

Why We Should Worry About Monopsony

Why the Fed is, rather late in the game, concerned about monopsony power.

Gaius Publius: Verizon Throttled Firefighters’ Data As Mendocino Wildfire Burned

Verizon shows that extortion is fundamental to its business model.

Market Power, Low Productivity, and Lagging Wages: The Real Drivers

To understand labor productivity—and growing inequality—you have to look at the “dual economy”

Lump-of-Labor Fallacy: The Nastiest Motives of Nasty People

Why the lump-of-labor fallacy is bad for workers and for economics.

Brexit: EU Takes Hard-Nosed Stance on Financial Services “Equivalence” Deals

Is the EU playing iron fist in velvet glove on the UK’s Brexit pitch for a financial services equivalence deal?

Yanis Varoufakis: Greece Was Never Bailed Out and Remains in Debtor’s Prison – Bild Zeitung Interview

Yanis Varoufakis revisits the Greece 2015 debt negotiations and describes how Greece still wears the austerity yoke.

The Digital Freedom Pass: Emancipation from Digital Slavery

A libertarian case against Silicon Valley’s digital slavemasters.