EU Gas Price Cap: An Exercise in Futility
The much -maligned EU gas price cap is not looking any better with age.
Read more...Category Archives: Free markets and their discontents
Reversing 30 Years of Damage from the Clintons, the DOJ Closes A Price-Fixing Loophole Wide Enough to Drive a Truck Through
Why are you paying so much for everything? DOJ admits that decades-old carveout allowed even non concentrated industries to effectively build cartels to coordinate prices and wages
Read more...Amid Ohio Nightmare, Rail Worker Alliance Urges All of Labor to Back Railroad Nationalization
Rather than settle for narrow reforms, rail workers are pushing for public ownership of the US railroad system, which is commonplace throughout much of the world.
Read more...Tipping Is Not a Reward—It’s an Insult
Tipping legalizes subminimum wages and keeps workers subservient to the whims of employers and customers.
Read more...An Inconvenient Apocalypse
Authors Jackson and Jensen argue that we need an acopalypse, as in a full recognition of conditions, to make radical envirnmental changes.
Read more...Understanding Money and the Dollar System: Radhika Desai & Michael Hudson at Geopolitical Hour
Michael Hudson and Radhika Desai discuss the dollar regime and its prospects.
Read more...ChatGPT Is a Data Privacy Nightmare. If You’ve Ever Posted Online, You Ought To Be Concerned
More reasons to regard ChatGPT as CheatGPT.
Read more...Meatpacking. Healthcare. Housing Rentals. Industries Across the Board Using Tech to Fix Wages and Prices
DOJ says it’s going to crack down as lawsuits pile up against real estate Goliaths and US officially becomes a “rent-burdened nation.”
Read more...James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy
Read more...US Inflation Policies Slowing World Economy
The Fed is playing killer of the current inflation even though it isn’t set up to do so. That’s hurting a lot of innocent bystanders.
Read more...How the Left Should Exercise Power Once They Have It
Another episode in the long-running soap opera, “Can the Left Be Saved?”
Read more...Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation
Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.
Read more...The Post-Covid Global Economy: Could Negative Supply Shocks Disrupt Other Fragile Systems?
Continuing shocks to the economy threaten the stability of democracies that already show significant signs of fragility
Read more...Viewing Ukraine Through the Davos Lens
The World Economic Forum, which concluded on Friday, provides clues as to why European leaders would sacrifice their national economies for the war in Ukraine.
Read more...Davos Elite Won’t Tackle Climate Crisis and Global Inequalities
Quelle surprise! Change on crucial issues of climate and inequality is unlikely to emerge from the World Economic Forum.
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