‘Market Fundamentalism’ Is an Obstacle to Progress
Why market cheerleaders are bad for you.
Read more...Category Archives: Free markets and their discontents
Deaths of Despair Now Significant Among the Young
The US cancer of deaths of despair has progressed from less educated middle aged whites to the young of all stripes.
Read more...Is The U.S. Preparing To Punish OPEC?
Has the US still not worked out that there are some parties it can’t push around, and OPEC might be one of them?
Read more...Ukraine’s Neoliberalism on Steroids, Europe’s Economic Suicide
Yves here. Sit back and enjoy yet another discussion between Radhika Desai and Michael Hudson, this time joined by Professor Mick Dunford at the Geopolitical Hour. Today’s tour starts with Ukraine, moves to Russia, and then continues to Europe, the US and China. It is noteworthy to see the Western media act as if Europe’s […]
Read more...The Extraordinary Generosity of Central Banks Towards Banks: Some Reflexions on Its Origin
Central banks provide even more gimmies to banks than you likely realized.
Read more...United Pilots Picket for Better Contract After American, Southwest Counterparts Authorize Strikes
Will “the most pro-labor president in history” get to smash another looming strike?
Read more...“Crypto Is a Fraud on the Public”: Financial Watchdog Explains Ties Between Crypto and the Banking Crisis
Dennis Kelleher of Better Markets explains why crypto is the last place anybody should be running to for safety.
Read more...PBMs, the Brokers Who Control Drug Prices, Finally Get Washington’s Attention
Why it isn’t easy to slip the leash of PBMs.
Read more...Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis
Big food company profit-goosing price hikes confirms that the Fed is barking up the wrong tree in going after labor.
Read more...New Wave of Asylum-Seekers at US Southern Border as Title 42 Expires
Even the mainstream media acknowledges that an expected surge of immigrants at the US border will push a bad situation into crisis.
Read more...How Trade Fragmentation Affects Bank Credit Supply
Engaging in more bilateral trade to bypass the dollar fragments the activities of major international banks and even affects locak players.
Read more...The Mercenaries Who Fight for American Empire
How private military contractors, aka mercenaries, are now an essential part of America’s increasingly privatized wars.
Read more...We Can Use AI in the Economy but Only If We Are Willing To Tax Capital More Heavily
What future is there for labor with AI?
Read more...4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson
US banks keep falling over but the Fed is curiously indifferent.
Read more...Is There Motive Behind the Fed Making Such a Mess of the US Bank Wobbles?
The Fed seems awfully indifferent to the (so far) low level bank crisis it has created.
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