Category Archives: Free markets and their discontents

Kamala’s Failed Opportunity

In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?

The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant

A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.

Tyson Foods Is Being Investigated by the USDA

Investigation follows Tyson Foods’ recent closure of nine meatpacking plants across the country, allegations not only violated an agreement to sell the plants to a competitor but conspired to suppress that competition.

Lina Khan’s FTC Gears Up to Go After Algorithmic Black Boxes Governing Workers’ Lives, but It Might Be Running Out of Time

A closer look at “algorithmic wage discrimination” used at gig companies (and increasingly across all industries), one potential tool to stop it, and how the FTC is zeroing in on the practice.

Forty Percent of Biden IRA Manufacturing Projects Behind Schedule or Paused

A new study by the Financial Times on the early results from Biden Administration IRA spending raises as many questions as it answers.

‘Corporate Greed Is Out of Control’: Warren Slams Kroger’s AI Pricing Scheme

If you have shopped at Kroger, please consider boycotting them over them over their surge pricing grifting plans.

The Irrationality of Markets

More evidence that the current level of advanced economy secondary market trading is bad for economic health.

Despite the Recession-Emergency-Rate-Cut Buffoonery, the Services Sector Expands Strongly on Growth in New Orders & Employment. Inflation Pressures Still On

Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled

Hoisted from Comments: Is Intel Going Down the Boeing Path?

Why Intel’s prospects are even worse than its stock price plunge and worried press accounts suggest.

Repaying Bank Loans Destroys Money

Richard Murphy discusses a key, and not well understood, implication of repaying bank loans.

CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns

A discussion of the regulatory and behavioral issues that helped produce the Crowdstrike 404.

Let’s Abolish the Colonial IMF on Its 80th Birthday

Developing country protesters want the IMF to stop exploiting countries in debt crisis. But is BRICS prepared to fill the gap?