BMW: Gasoline Car Ban Poses “Imminent Risk” To European Automakers
BMW warns that the 2035 EU mandate to end sales of new fossil fuel vehicles will be a mass death event for most EU car makers
Read more...Category Archives: Free markets and their discontents
Further Thoughts on Sweden’s Pandemic Response
A Covid retrospective on Sweden indicates citizens to a large degreed ignored bad government advice.
Read more...How Economists Distorted Economic Theory to Help Big Companies Get Bigger
Economists had to play fast and loose with economic theory to deploy their merger “efficiency” arguments.
Read more...Biden Administration Migrant-Friendly Southern Border Policy Creating Splits Among Democrats; NYC About to Eject 4,500 from Shelters
den”s “even more open borders” policy is generating resistance among some Democrats.
Read more...Imperialism: How the Struggle of Both Classes and Nations Creates Our World
How imperailasm has determined much of the structure of the international economy and that in turn affects domestic interests.
Read more...US Weaponizes Environmental Rhetoric to Seek Water Hegemony
An update on jockeying over critical water resources and how the US is positioning itself.
Read more...Global Fossil Fuel Subsidies Skyrocket To $7 Trillion
The IMF made a comprehensive tally of fossil fuels subsidies. Both the level and the trajectory are sobering.
Read more...Danny Haiphong: Pepe Escobar and Michael Hudson Join on BRICS Plus Six, Ukraine, and the Multipolar World Economy!
Danny Haiphong talks to Michael Hudson and Pepe Escobar about hot mulitipolarity topics, particularly BRICS and its “currency” plans
Read more...Medicare for All, Not Medicare Advantage
How Medicare Advantage plans raid taxpayer funds and routinely fail to deliver the care that patients expect and deserve.
Read more...China And U.S. Lock Horns Over New 122.5% Steel Tariff
Yet another US/China trade row, this one over steel.
Read more...The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Stock buybacks, aka corporate financialization, as a mode of predatory value extraction
Read more...Ann Pettifor Explains Why Neoclassical Economists Are the Last People To Listen to on Climate Change
A well-warranted takedown of the irresponsible and destructive record of mainstream economists on climate change.
Read more...Fed Ponders How Quickly to Try to Inflict More Pain on the Economy to Get Inflation to 2%
Debates inside and outside the Fed as to what it should do next about inflation pick up as its annual Jackson Hole conference approaches.
Read more...Stigler Center/ProMarket Hypocrisy: Published, Then Removed Post That Justified Anti-Trust; Bogus Excuses Demonstrate University of Chicago Failed Econowashing of Hard Core Neoclassical Stance
ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
Read more...A Peek at Big Pharma’s Playbook That Leaves Many Americans Unable to Afford Their Drugs
The Biden Adminstration has implemented some modest curbs on drug prices. Big Pharma is fighting a rearguard action in court.
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