Covid Situation Continuing to Develop Not Necessarily to the Officialdom’s Advantage
The new Covid news isn’t better than the old Covid news, and some is actually disconcerting.
Read more...Category Archives: Free markets and their discontents
The American Hyper-Focus on Individualism Makes Us Poorer, Sicker, and Sadder
Our wealth, health and happiness problems are not individual personal troubles that can be resolved by exhorting people to think or act differently.
Read more...California Could Be on the Verge of Passing Single-Payer Health Care
California Assembly Bill 1400 shows that the funding math of single payer healtcare works. But does the politics?
Read more...The Saker Interviews Michael Hudson
Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]
Read more...The Era of Cheap Renewables Grinds To A Halt
Long-discussed concerns about environmental costs and overall supplies of critical inputs to renewables are finally starting to materialize.
Read more...It’s Time to Expand the COVID-19 Exception to All American Health Care
The Feds throwing money at some parts of Covid care is arguably a precedent to build on. But the US is not exceptional that way.
Read more...How Inequality Leads to Industrial Feudalism
How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.
Read more...Rorschach Test: Revealing Western Press Reactions to Xi Jinping Speech at Davos
Xi Jinping gave an important speech at Davos, even if it was mainly updates on favorite themes. But the press reactions…..
Read more...5 Things You Should Know About ‘Free’ At-Home Covid Tests
The Covid free test program isn’t really.
Read more...Fable of the Squirrels: New Research on Wealth Inequality Among Animals Sparks Debate on Human Economies
Studies of beasts that pass on wealth, um, resources and advantages to offspring may inform whether humans create stratified conditions.
Read more...Rentier Capitalism and Class Warfare in Kazakhstan
Blame Kazakhstan ‘free’ market reforms that benefit the rich and powerful at the expense of the working class for recent protests.
Read more...Unredacted Antitrust Complaint Shows Google’s Ad Business Even Scummier than Many Imagined
Even more ugly details about Google misbehavior in the online ad market.
Read more...The ‘China Shock’ of Trade in the 2000s Reverberates in US Politics and Economics
Belatedly learning from how trade losses to China damaged communities to determine how to shore them up.
Read more...Michael Hudson: On Debt Parasites
Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
Read more...The Fed Sets Out to Kill the Economy to Save It
The Fed is trying to solve an economic problem that is largely outside its reach.
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