Bill Black: The 2016 Nobel Prizes in Economics Go to Defenders of Criminogenic Policies
Yet another dubious Swedish central bank fake Nobel Prize award…
Read more...Category Archives: Free markets and their discontents
Wolf Richter: How Much Money Laundering is Going On in the Housing Market? A Lot
Treasury is starting to get serious about money laundering in high end residential real estate.
Read more...Democratic Party Orthodoxy in Action: “Hit With Some Serious Clinton Blame Cannons”
An example of Democratic Party pathology.
Read more...Can Europe Be Saved from Populism?
Two economists offer recommendations on how to defend Europe from an upsurge of populism. Unfortunately, their ideas give cause for pause.
Read more...Lancet Study on Life Expectancy by 2030 Confirms Poor US Performance
A new Lancet study on life expectancy for 35 countries puts up big red flags for US performance.
Read more...Bill Black: Kenneth Arrow’s (Ignored) Impossibility Theorem
Nobel Prize winner Kenneth Arrow’s most celebrated theorem illustrates why economics isn’t just wrong-headed but actually destructive.
Read more...How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree
A concrete example of how well-designed antitrust enforcement produced large economic benefits.
Read more...Michael Hudson: Why Failing to Solve Personal Debt and Polarization Will Usher in a New Dark Age
Crushing personal debt loads have repeatedly produced economic and social crises. The elites ignore the warning signs at their peril.
Read more...European Polls Head for Heaven and Hell
Le Pen’s recent surge in French presidential polls has Mr. Market fretting, while results in Germany are a bright spot.
Read more...The Opioid Epidemic and the Face of Long-Term Unemployment
The role the opioid epidemic plays in long-term unemployment.
Read more...Gaius Publius: Field Notes from the Battle Within the Democratic Party
Needless to say, the real war within the Democratic party is about who gets to feed at the trough.
Read more...Can Uber Ever Deliver? Part Eight: Brad Stone’s Uber Book “The Upstarts”– PR/Propaganda Masquerading as Journalism
By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participants Brad Stone’s new book “The Upstarts,” is subtitled “How Uber, Airbnb, […]
Read more...In California Farm Country, Trump’s Deportation Threat Looms Large
A closer look at America’s dependence on de facto sanctioned but nevertheless illegal farm workers,
Read more...Euroland: Will the Netherlands Be the Next Domino To Fall?
The upcoming elections in the Netherland demonstrate how austerity is stoking anti-elitist, anti-Euro sentiments.
Read more...“Inflation’s Comeback”
Some at-times unintentionally revealing Serious Economist discussions of inflation risk.
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