Category Archives: Free markets and their discontents

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.

The Mechanics of Cryptocurrency

An examination of cryptocurrency practicalities.

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.

Medicaid Officials Target Home Health Aides’ Union Dues

Another attack on union funding.

Trump Is Giving Protectionism a Bad Name

A short overview of some protectionism successes.

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.

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.

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.

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.

How Hedge Fund Activists Coopted “Shareholder Democracy”

How hedge fund activists, who largely operate as a type of corporate raider, have subverted the notion of “shareholder democracy” and what can be done to rein them in.

3 Blokes In The Pub…Talk No Deal Brexit

Nitty gritty details of what happens with a crash-out Brexit, made accessible and even entertaining.