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...Category Archives: Free markets and their discontents
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.
Read more...How Javier Milei Upset Argentina’s Political Status Quo
Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far […]
Read more...Investors Start Thinking About Underpricing of Climate Risk
Some investors are worried that climate risk means their holdings are overvalued. It would be nicer if they worried about the real world too.
Read more...NAM 2.0+G77 vs G7+NATO+OECD+WEF
Jomo warns US policies are creating war and depression, pushing developing nations to strengthen democratic institutions of global governance
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