American Household Debt: A Reappraisal
An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.
Read more...An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.
Read more...Not enough bad can be said about neoclassical economics. The focus today is inflation policy.
Read more...Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...A stereotypical case of an economist putting market concepts over society….worse in family relations.
Read more...John Helmer provides new intel on Red Sea machinations of various players in response to Houthi action against sea trade with Israel.
Read more...Examining the moments and people that helped fuse the US state, economy, and organized crime into one indistinguishable entity.
Read more...Nextdoor and Facebook groups present anecdotes and photos from Marine Park of encounters with migrants from a nearby shelter complex. Others are providing aid.
Read more...China is raising the stakes in the US sanctions war by tightening rare earth screws.
Read more...The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public
Read more...Neoliberalism is still doing a fine job of zombifying economies, but the doctrine sadly is in rude health.
Read more...The survival of the euro has come at the cost of Europe’s permanent stagnation and continuing fragmentation
Read more...Trying to use capitalsm to justify environmental protection: not a happy mix.
Read more...Self-driving cars have suddenly gone from being depicted as inevitable to likely never happening at scale. Why?
Read more...Big Ag fights back at COP28
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