Bankman-Fried, Political Money, and the Crash of FTX
How FTX showering money on both parties to try to paralyze regulators.
Read more...Category Archives: Free markets and their discontents
Needed Global Financial Reforms Foregone Yet Again
The pathologies that produced the financial crisis are still circulating.
Read more...Notes on SBF’s Indictment and SEC/CFTC Civil Suits, Incarceration, Meetup with Reality
SBF’s fortunes just took a big nosedive, or for the more jaundiced, got marked to market.
Read more...New York Times Strike: From Reporters to Rabble-Rousers
Workers at the New York Times stopped working to demand better pay and labor rights—but only for a day. What if they flexed their power?
Read more...Is Canada Euthanizing the Poor?
Canada’s assisted death program attracts people living in misery due to lack of support from the state.
Read more...Dethroning the Dollar: What Governments Propose, IT Disposes
Why the road away from the dollar will have many twists and turns.
Read more...Dethroning the Dollar: Why the Alternatives Are Not Ready for Prime Time
Why the dollar’s demise is not around the corner.
Read more...The Russian Oil Price Cap Isn’t as Simple as It Seems
The harder your look at the Russian oil price cap, the uglier it looks.
Read more...Pharmaceutical Drugs at Cost + 15%? It’s Here Now
A way out of price gouging on drugs?
Read more...“Jobs Are Up! Wages Are Up! So Why Am I as an Economist so Gloomy?”
Since the Fed can’t get more workers into the workplace but thinks it’s in charge of inflation, it will kill jobs with rate hikes.
Read more...State of Big Tech 2022: Dismantling National & Global Digital Enclosures
From fintech to food systems to social media, the State of Big Tech offers a blueprint for the 99% to break privatized status-quo enclosures.
Read more...Adult-Child Genius Sam Bankman-Fried Opts for “I’m Hopelessly Stupid and Confused” Defense
Sadly, the press is eating up Sam Bankman-Fried’s not-remotely-credible defense of ignorance and addlebrain (as opposed to Adderall brain)
Read more...Free Fridges in The Bronx, Created as COVID Stopgap, Still Meeting Chronic Food Needs
The successful community free fridges — fewer than during the pandemic — are now short on cash as well as volunteers to transport food.
Read more...Top Antitrust Expert: We Need a New Approach to Giant Tech Firms Like Google
A leader in competition and antitrust warns that ever-expanding tech giants raise concerns about the extent of their power.
Read more...Michael Hudson Answers Questions on Europe’s Self-Immolation, Fed’s Malpractice, Changing World Order
Michael Hudson covers a wide range of topics, including the decline of Europe, the Fed’s mismanagement, the rise of new economic blocs
Read more...