The New Education Reform Lie: Why Denver Is a Warning Sign, Not a Model, for Urban School Districts
The charter school movement ‘s claims of better results are marketing hype, as Denver demonstrates.
Read more...Category Archives: Free markets and their discontents
Mathew D. Rose: Brexit – The End of the Universe
Germany is determined to teach the UK a costly lesson if it dares to defy its hegemony via a Brexit.
Read more...And Now, Price Deflation in India and China?
Price deflation, and classic debt deflation dynamics, are staring to appear in India and China.
Read more...TSA as Example of Privatization Playbook: Make an Agency Perform Badly By Underfunding It….
A case study of how privatization vultures weaken public agencies so as to turn them into their prey.
Read more...Hensarling’s “Market Regulation” Replacement to Dodd Frank Proves He Does Not Understand Banking
Yves here. Steve Waldman wrote a definitive post in 2009, Capital can’t be measured, on a core issue that Black discusses here. A key section: So, for large complex financials, capital cannot be measured precisely enough to distinguish conservatively solvent from insolvent banks, and capital positions are always optimistically padded. Given these facts, and I […]
Read more...Banks Rebel Against Negative Interest Rates
Banks have had it with negative interest rates and are starting to push back.
Read more...Michael Hudson: Millions Around the World Fleeing from Neoliberal Policy
Hudson tallies the high cost of neoliberal ideology.
Read more...Why So Many Americans Are Voting Against the Status Quo, in One Chart
This chart shows how much the bottom 90% has lost ground while the top 10% has pulled away.
Read more...New Zealand: Icon Sachs (Whatever That is), Fennas Finance, a Bank Account at an ANZ Napier Branch, a Conspiracy Theorist And a Ponzi Scheme
Yet more strange sightings in the New Zealand Register of Companies
Read more...The Abandonment of Countercyclical Fiscal Policy
Economists bemoan the lack of aggressive fiscal spending after the crisis. Funny how few of them were willing to advocate it when it mattered.
Read more...Hoisted From Comments: Neoliberalism Tearing Societies Apart
The true destructiveness of neoliberalism is becoming more and more apparent.
Read more...Hoisted from E-Mail: “New York Times Article Promotes Price-Fixing in the Drug Market”
A well-argued reader rant on an article arguing that drug makers need higher prices to preserve their profits.
Read more...Refinancing is Dead: A Generation of Hard Times Will Continue Until Secular Real Wages Improve
Real gains by average Americans won’t come financing gimmicks but from real growth in wages. And no one in authority seems willing to provide them.
Read more...Is America Committing Slow-Motion Suicide? A Look at the Decline of CUNY
The decline of CUNY as evidence that the superrich are killing the rest of us through a slow process of attrition
Read more...More Backlash from London’s Empty Towers
London exemplifies a global trend: property warehoused by the global wealthy, to the detriment of the people who live there.
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