Trump Picks Ex-Goldman Banker, Steve Mnuchin, Known as ‘King of Foreclosures’ to Head Treasury
Why you should be worried about the prospect of Steve Mnuchin as Treasury Secretary.
Read more...Category Archives: Free markets and their discontents
Can Uber Ever Deliver? Part Two: Understanding Uber’s Uncompetitive Costs
Why Uber is the taxi industry’s high cost producer and cannot grow into profitability.
Read more...Can Uber Ever Deliver? Part One – Understanding Uber’s Bleak Operating Economics
Uber’s financials statements and economics shows a complete lack of progress towards profit and no reason to expect significant improvement.
Read more...How the Global Left Destroyed Itself (or, All Sex Is Not Rape)
Why the politics of sex in particular, and identity politics in general, have undermined the left.
Read more...Cutting Company Taxes is a Race to the Bottom
Corporations are winning an ideological battle, securing lower income taxes around the world. But how far can this trend go?
Read more...Bill Black: Krugman’s Failure to Speak Truth to Power About Austerity
Krugman’s fiscal orthodoxy led him to enable Hillary’s disastrous embrace of austerity rather than call her out for it.
Read more...Bill Black: Hillary’s Threat to Wage Continuous War on the Working Class via Austerity Proved Fatal
Black recounts how fundamental austerity-driven economic policies had become to the Democrats and how Hillary embraced them wholeheartedly.
Read more...Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Read more...Michael Hudson: How Debt-Driven Home Price Increases Shafted Homeowners
Michael Hudson debunks the myth that rising home prices are always a boon to homeowners.
Read more...Donald Trump: “My 100-Day Action Plan”
A look at Trump’s major proposals.
Read more...Why Economic Recovery Requires Rethinking Capitalism
Capitalism needs a dose of socialism, aka public works. Mission-oriented public investment is vital to revive private-sector investment.
Read more...The Retreat of Financial Globalization?
Financial globalization, meaning high levels of funds movement across borders, has fallen, and that’s a good thing.
Read more...Suspected 5th Columnist Streetwise Professor Knocks Blockchain… But Defends Elites
Why are self-styled progressive economists like the Streetwise Professor criticising Blockchain boosters but making excuses for our elites?
Read more...Will Trump Be Rolled by the Republican Establishment?
If Trump is serious about policies like rebuilding infrastructure and reducing foreign conflicts, can he prevail over his party’s establishment?
Read more...Panama Papers: The Role of Western Secrecy Jurisdictions in Looting Africa
Africa, despite having many of the poorest countries in the world, is nevertheless a capital exporter due to bank secrecy and tax gaming.
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