Free markets and their discontents Archives - Page 20 of 259

Why the US Doesn’t Have National Health Insurance: The Political Role of the AMA

Documenting the role of the AMA in blocking public health care in the US.

EU Undershoots 155MM Shell Capacity Target by More Than Half, Blames All Sorts of Things Besides Lack of Operational Capability

EU inability to meaningful increase 155mm shell production show the high cost of giving private arms-makers free rein.

Michael Hudson: We Need a New Political Vocabulary

Yves here. Thank the persistent and very long running campaign to move the values of the US to the right for the hollowing out of the meaning of traditional political labels that Michael Hudson describes below. It can’t be said often enough that the change in the where the center was perceived to sit was […]

Project 2025 Architect Signals Bloodshed If Left Opposes Trump-Led ‘Revolution’

The “second American Revolution” underway will “remain bloodless,” said the head of Project 2025 “if the left allows it to be.”

Biden’s De Facto EV Mandate at Risk After Supreme Court ‘Chevron’ Ruling

A look at just one implication of the fresh Chevron Supreme Court ruling demonstrates how far-reaching it is.

Capital in the 21st Century: Ownership of the Firms Producing Raw Materials

Investors from outside the EU control a significant share of the capital of global listed companies involved in the mining of cobalt, copper, lithium, nickel, and rare earths, underscoring the need to enhance the EU’s strategic autonomy and devise a metal-specific strategy going forward.

Fear & Loathing on The Economist Subscription Trail

Satayjit Das’ penetrating and witty look at The Economist reveals a great deal not to like.

Union ‘Effects’ on Hourly and Weekly Wages: A Half-Century Perspective

Even with union power diminished, union members still benefit from higher weekly pay than non-members.

Freeports Are Dangerous

Rishi Sunak is still flogging his failed freeports initiative as a success. If they were to take off, the winners would be dodgy operators.

A National Cartel Fixing Rental Housing Prices: The Scandal Continues to Grow

The company at the heart of the rapacious conspiracy finally makes a statement following FBI raid in Atlanta and increasingly incriminating and devastating details.