Category Archives: Free markets and their discontents

How Many Flints? America’s Coast-to-Coast Toxic Crisis

Flint is just the tip of the iceberg of lead poisoning in America.

It’s Not Just TPP. Can a President Kill NAFTA? Al Gore Thought So. Hillary Clinton Too.

Given what Hillary and Gore have said about Nafta, it’s time to ask candidates much more pointed questions about Nafta and the TPP.

Positive Money in Action

Positive Money boosters have failed to consider (or perhaps have failed to publicize) is that it would necessitate draconian controls to prevent the creation of private credit.

Paul Craig Roberts on Michael Hudson’s Killing the Host

An introduction to Michael Hudson and his latest book.

New York Times’ Bank-Boosting, Neoliberal-Excusing Story of the Global Debt Hangover

A new story at the New York Times on the global debt overhang is an economically warped account that omits important policy options.

The North Korean Connections of US Billionaire Naguib Sawiris and US Defence Company Contrack Watts

US Billionaire Naguib Sawiris and his Contrack Watts, a major US defence contractor, turn out to have ties to North Korea, via an amazingly profitable mobile phone company

Explaining Why Federal Deficits Are Needed

Why you should expect and applaud federal deficits.

Why the Neoclassical Story About German Wage “Moderation” Causing the Eurozone Crisis is Wrong

Focusing on German wage “moderation,” as in restriction, leads to a neat, plausible, and wrong tale of what caused the Eurozone crisis.

Money and Banking: How the Fed Controlled Interest Rates Before and After the Crisis

How does the Fed control interest rates? A primer.

Gaius Publius: A Non-Neoliberal Woman President Is Not One of the Choices

Hillary as a neoliberal is not your friend….unless you are a member of the 1% or on their meal ticket.

Flint: Let Them Drink Pollution?

Why the crisis in Flint, Michigan is about race and class, and the American nightmare of metastasizing inequality of wealth and power.

Are Economists in Denial About What’s Driving the Inequality Trainwreck?

Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties.

Former BIS Chief Economist Warns of Massive Debt Defaults, Need for Debt Jubilee; Fingers Europe as First in Line

Even though the former chief economist of the BIS calls for a debt jubilee, it’s only part of the medicine needed to get the economy out of the ditch.

Bill Black: Wall Street Declares War Against Bernie Sanders

The attacks on Sanders from Wall Street are getting ever more shrill….about time the felt some heat.