Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse
The Fed has a lot of ‘splaining to do, yet seems determined to keep doing the wrong thing.
Read more...Category Archives: Free markets and their discontents
Minnesota Becomes 4th State to Provide Free School Meals to All Kids
Child labor makes a comeback as there’s no such thing as a free lunch in 46 US states.
Read more...Medicare Plan Commissions May Steer Beneficiaries to Wrong Coverage
More Medicare “buyer beware” alerts.
Read more...Were the Bank Bailouts the Result of Rising Wealth Concentration?
Are many of the explanations of the recent bank tsuris barkign up the wrong tree?
Read more...The High and Getting Higher Cost of Renting in the US
Why renting is even more expensive than ever, even pinching the soi-disant middle class.
Read more...Norfolk Southern CEO Makes Obligatory Congressional Appearance But Doesn’t Commit to Rail Safety Changes
The Norfolk Southern CEO dialled in his Congressional testimony as more and more damning details about the Ohio crash emerge.
Read more...Michael Hudson Talks to Ben Norton About SVB and Bank Failures
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Read more...SVB and the Only Choice We Have
How the SVB bailout confirms the dedication of the elites to self interest only.
Read more...The Role of Default Settings in Online Searches: Challenging Google Dominance
A meaningful level of onsumers will opt out of the default setting of Google as their search engine, particularly if prompted early and often
Read more...Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding
Peeling back more layers of the SVB implosion and its broader implications.
Read more...US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare
An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Read more...Ayn Rand vs. Elinor Ostrom: The Fight for the Future of Social Media
Contrasting ideologies at play about the structure and role of social media mirror the conflicting ideologies in economics.
Read more...How Does JK Galbraith’s The New Industrial State Hold Up After 6 Decades?
How John Galbraith correctly called many developments that have had great political and economic significance, like the decline of unions
Read more...Crypto Bank Silvergate to Shut Down and Liquidate, After FDIC Examiners Show Up. Shares Collapse Entirely
Silvergate: In 16 months from $239 at peak crypto consensual hallucination to $2.76, including the 44% plunge afterhours.
Read more...Workers’ Responses to the Threat of Automation
How effectively do workers perserve their position relative to automation?
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