Category Archives: Free markets and their discontents

Hubert Horan and Izabella Kaminska: Can Uber Ever Deliver? Part Thirty: The “Uber Files” Are Not the Uber Exposé You Are Looking For

The Uber Files showUber’s bad conduct was deliberate, but miss that its poor economics meant Uber engaged in a confidence trick on society.

“The Illusion of Evidence-Based Medicine”

On the rotten state of evidence-baded medicine, and whether there is any way out.

IM Doc Could Not Get A Monkeypox Test for a Patient. What That Says About the Sorry State of the CDC and Public Health

The US Is flying blind on monkeypox, and the CDC and public health officials are unwilling to break a sweat to correct that.

Behind the Crisis in Sri Lanka – How Political and Economic Mismanagement Combined to Plunge Nation into Turmoil

Some background on the escalating crisis in Sri Lanka and what might come next.

Reject CPTPP, Stay Out of New Cold War

Aiee, the TPP is back as the CPTPP. Same bad features but no US market access. What’s not to like?

Michael Hudson on Finance Capitalism’s Self-Destructive Nature

Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems

Biden’s FTC Has Blocked 4 Hospital Mergers and Is Poised to Thwart More Consolidation Attempts

The Biden administration’s new majority on the commission is primed to more aggressively combat consolidation in the health care industry than it has in past years.

The Capitalist Solution to ‘Save’ the Planet: Make It an Asset Class & Sell it

John Bellamy Foster explains the plans to create assets on the back of everything nature does and expropriate it from the global commons.

Experiments with a Four-Day Workweek

Workers around the world are experimenting with a four-day week, and their efforts illustrate the promise of shorter working time.

Dollar Diplomacy: Michael Hudson and Steve Keen on Real Progressives

A wide-ranging and free-wheeling discussion of money, oligarchy, trade, China, the future of the dollar….with an eye to MMT.

Michael Hudson: The End of Western Civilization – Why It Lacks Resilience, and What Will Take Its Place

How neolibearlism and idealization of markets is the latest chapter in the West’s destructive drift towards rule by oligarchs and rentiers.

Some Quick Thoughts About Russia’s Resilience and America’s Malaise

Seeking reader input on preliminary hypotheses on why Russia is faring better than expected under the sanctions while the US is suffering.