Bitcoin -> Energy Use -> Pollution
Bitcoin uses a computation system to prevent fraud, but computation takes energy, which damages the environment, all at an increasing rate.
Read more...Category Archives: Free markets and their discontents
The Movement to Replace Neoliberalism Is on the Ascendency – Where Should It Go Next?
The time is ripe for a movement to replace flawed mainstream economics…but what must it do to succeed?
Read more...Don Quijones: Could Italy’s Banking Crisis Drag Down Mario Draghi?
Mario Draghi was governor of Italy’s central bank from 2005 to 2011, overseeing the now very sick banking system. Will his past haunt him?
Read more...Trump’s FCC Goes to War on Net Neutrality
Net neutrality has been under attack since 2002, and the Trump Administration is determined to do it in.
Read more...Capitalism: Not With a Bang But With a (Prolonged) Whimper
The question: How does capitalism end?
Read more...“The Medical Cost Reduction Act of 2017”
A set of proposed laws targets some of the worst forms of medical price gouging.
Read more...How Despair Helped Drive Trump to Victory
Trump did well in places that have borne the brunt of declines in manufacturing, mining, and related industries since the 1970s.
Read more...Artificial Intelligence and the Stability of Markets
AI may revolutionise risk management and financial supervision, but also threatens to destabilise markets and increase systemic risk.
Read more...The Super Wealthy Oxycontin Family Supports School Privatization With Tactics Similar to Those That Fueled the Opioid Epidemic
How the marketing model the Sackler family developed to promote OxyContin is being applied to one of their pet causes, charter schools.
Read more...Why Does the Euro Area Have Such Low Growth and High Unemployment?
Why has the Euro area not delivered on its economic promise?
Read more...More Signs Brexit Negotiations Coming Apart
More less than encouraging news on the Brexit front.
Read more...Trump’s “$250 Billion” of China Trade Deals: As Usual, Hype Greatly Exceeds Reality
Trump’s much ballyhooed China trade deal gives way less than meets the eye.
Read more...European Worries About Isolationist Trends
European leaders ponder how to defend internationalism. They realize that the response to the crisis created innocent losers. But what now?
Read more...LA School Board Ready to Rumble Over Charter Schools
The LA school board is finally cracking down on charter schools’ intransigence.
Read more...The Real Economic Consequences of Martin Luther
How an article by Cantoni, Dittmar, and Noam Yuchtman force fits the Reformation’s economic changes into a neoclassical frame.
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