The Zero-Sum Economy
Is the problem with the economy the amount of stultifying work, or that too much work is really about more and more aggressive competition for income?
Read more...Category Archives: Free markets and their discontents
Elizabeth Warren’s Proposal for “Co-Determination”: Really a Second New Deal?
Strengths, weaknesses, and context of Elizabeth Warren’s “Accountable Capitalism Act”
Read more...Brexit Is a Consequence of Low Upward Mobility
In the Brexit referendum, UK citizens were pleading through their vote – and non-vote – for a fair shot at the future.
Read more...The Mechanics of Cryptocurrency
An examination of cryptocurrency practicalities.
Read more...Why Elizabeth Warren’s Accountable Capitalism Act Will Be Good for Shareholders
Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.
Read more...Rethinking Social Progress in the 21st Century
A new report examines the path to global social progress. Unfortunately, there are no easy answers.
Read more...Medicaid Officials Target Home Health Aides’ Union Dues
Another attack on union funding.
Read more...Where in the World Is It Easiest to Get Rich?
Debunking American exceptionalism on a pet obsession: the ability to get rich.
Read more...The Enemy Between Us: How Inequality Erodes Our Mental Health
Inequality creates the social and political divisions that isolate us from each other.
Read more...Gaius Publius: Why Is Thomas Frank Puzzled?
Is Thomas Frank really puzzled about the feckless Dems? Or is he still hoping they might change their stripes?
Read more...Trump Is Giving Protectionism a Bad Name
A short overview of some protectionism successes.
Read more...Richard Murphy: Writers of Labour’s “Fiscal Rule” Lash Themselves to the Austerity Mast
Labour’s economists show their Third Way colors and advocate austerity-generating policy rules that might as well have been penned by former Treasury Secretary, later Citigroup vice chairman Bob Rubin.
Read more...Michael Hudson: Life and Thought – An Autobiography
Michael Hudson discusses his life as a young Communist intellectual, how he became interested in economics and finance, his life in academia, and his recent work on rentier capitalism and debt jubilees.
Read more...Neoliberalism Drives Climate Breakdown, Not Human Nature
Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook.
Read more...Bill Black: Pre-Crisis “4506-T Studies” Showed Massive Fraud in Liar’s Loans; Fed Ignored Warning, DoJ Refused to Target Implicated Banksters
Yet another proof that the authorities were given evidence of widespread mortgage fraud before the crisis and chose to do nothing about it.
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