Greenspan Ran the Fed for 18 Years and Left an Economic Time Bomb
Michael Hudson and Radhika Desai: take a hard look at Greenspan’s misrule at the Fed and find more not to like than you might know about
Read more...Category Archives: Free markets and their discontents
Culture Is the Far Right’s Secret Weapon – and It’s Winning Over Some of Europe’s Most Educated Youth
EU officials seem aghast at the fact that many citizens, particularly the young, identify with national or local culture.
Read more...Michael Hudson: How US Slave Interests Stifled US Monetary and Banking Policy Until 1913
On US 250th anniversary celebration, Michael Hudson considers the counter-revolution thesis and the role of slave capital.
Read more...Supreme Court Denies Pork Industry Appeal of Animal Welfare Law
How the Supremes gave a win for farm animals over Big Ag.
Read more...When Trust in Official Statistics Declines
The Trump firing of the BLS chief imposed costs by lowering faith in official statistics and increasing uncertainty.
Read more...Happy Birthday, America. Our Best Tradition Is Taking on the Powerful
A sunny view of egalitarian tendencies in the history of America.
Read more...Satyajit Das: The ‘Own Goals’ of Trump-onomics
Short seller David Einhorn’s saying, “No matter how bad you think it is, it’s worse” particularly applies to Trump’s economic schemes.
Read more...Good Riddance, Alan Greenspan
Cataloguing some of the less-well recognized ways that Alan Greenspan did tremendous harm to the financial system and citizens at large.
Read more...Keir Starmer Resigns: Can Anyone Survive as Prime Minister in Today’s Britain?
Starmer post-mortems raise questions about what next for what passes for UK leadership.
Read more...What Would Happen if the UK Tried to, or Did, Repay Its National Debt?
The leadership contest in the UK is set to produce yet more flogging of bad neoliberal tropes, so this post provides a needed counterpoint.
Read more...How Local Communities Are Challenging Big Tech Data Centers’ Noise, Pollution and Rising Electricity Bills
Opposition to data centers and AI is rising, both at the community and the consumer level.
Read more...What Americans Can Learn from London’s War on Cars
To what degree can the US clap down on cars by implementing measures used successfully in London?
Read more...Michael Hudson: Debts That Cannot Be Paid Won’t Be
R. C. J. Cranstoun spoke with Michael Hudson on debt, rentierism, and the geopolitical rift around sanctions, energy, and the dollar system
Read more...‘This Is Oligarchy’: Nearly 100 Billionaires Are Funding Susan Collins’ Reelection Bid
My goodness, why are so many billionaires, the overwhelming majority of whom do not vote in Maine, so eager to see Graham Platner lose?
Read more...New Consumer Report Finds “Concerning Levels of Additives” in Popular Snacks
Quelle surprise! Junk food often contains a lot of less-than-healthy additives.
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