Interview: Teaching Graham Elwood Modern Money, and How the Progressive Media Gets It Wrong
A case study in teaching modern money to a progressive who unknowingly has swallowed neoliberal economic ideas.
Read more...Category Archives: Free markets and their discontents
Why Don’t Americans Take More Vacations? Blame It on Independence Day
How businesses created Americanization Day, later Independence Day, to counter the rising labor movement.
Read more...Richard Murphy: Stock Markets Look Ever More Like Ponzi Schemes
Why is it entirely sensible to regard stock markets as Ponzi schemes.
Read more...EU Calls Trump’s Bluff on Auto Tariffs as Trump Tries Dead on Arrival WTO Exit Plan
The EU is neither happy with nor cowed by Trump’s latest trade threat.
Read more...China’s Strategic Investments in Europe: The Case of Maritime Ports
The EU is rethinking its policies on foreign direct investment. Recent Chinese investment into ports may impact the final rules.
Read more...Firms’ Global Market Power and Its Implications, Such as Lower Income Share to Workers
An attempt to look at the effects of the existence of international companies with market powers shows there are reasons to be concerned.
Read more...Naked Capitalism Readers Issue Scam Alert For Amazon’s “Become Our Freight Shipper” Scheme
Amazon isn’t satisfied with creating modern day sweatshops via its warehouses. It wants to suck the capital and labor of the not-so-savvy entrepreneur wannabes into its maw.
Read more...Wolf Richter: Beyond the Hysteria About Auto Tariffmageddon
After decades of relentless offshoring, the equation may change for auto and component makers.
Read more...Richard Murphy: The Debate on the Proper Role of the Bank of England, Continued
A discussion about the Bank of England raises questions about the role of central banks generally.
Read more...Koch Money and the Unflappable Economist
Mirowski on the Koch brothers scandal at George Mason University.
Read more...Brexit: Chaos Visible
As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.
Read more...Why Italy’s Crisis Is the Left’s Crisis
Why framing the political struggle in Italy as mainstream versus populist shifts focus away from the most important issue, Eurozone reform, where the battle is mercantilists versus Keynesians.
Read more...Why Did Trump Win? Robots Are to Blame
Why robots, and not “bots,” may have been responsible for Trump’s win.
Read more...Alongside Rising Top Incomes, the Level of Living of America’s Poorest Has Fallen
As the rich in America get richer, the poorest fall further behind.
Read more...Mexican Business Elite, US Government, Brace for Likely Win by Leftist Obrador as Mexico’s President
What might a win in the July 1 presidential election by the charismatic, anti-neoliberal Andres Manuel Lopez Obrado mean for Mexico and the US?
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