Why UK [and US] Governments Are Never Dependent on Financial Markets
As Mr. Market idelivers a big raspberry in response to Trump’s big beautiful bill, remember it won’t affect the ability to keep spending
Read more...Category Archives: Free markets and their discontents
How Global Value Chains, Much Hyped by Development Experts, Slowed Growth and Preserved Inequality in Middle Income Countries
Tackling a pro-multinational development canard which looks to have made the so-called middle income trap worse.
Read more...The Rule of Law Is Key to Capitalism − Eroding It Is Bad News for American Business
It is a sad sign of the extent of libertarian propaganda that an apple-pie-and-motherhood issue like the rule of law needs defending.
Read more...Broligarchs Demand Silicon Valley Bank 2.0: What Could Go Wrong?
It seems no idea is too stupid not to get a following. This one is to recreate Silicon Valley Bank, a standout failure.
Read more...Reverse Lysistrata: More on Men Cooling on Dating, Sex and the Role of Societal Denigration
More on how young men are having a hard time finding dates and romantic partners, and why this matters.
Read more...Can Unions Really ‘Lead the Resistance to Authoritarianism?’
Probably not in their current form, but there’s a counterintuitive argument that we should be cheering for the Supreme Court to dismantle the National Labor Relations Board in order to revitalize labor.
Read more...Michael Hudson: The U.S. Empire’s Plan for Global Domination
Michael Hudson: War on Iran is part of the US empire’s effort to re-impose its dominance on the global political and financial system
Read more...The Dark Side of Ecotourism: When Green Travel Exploits People and the Planet
As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, ecotourism may be doing more harm than good.
Read more...Downgrading Uncle Sam, Not America
An orthodox economist describes inconsistencies in rating agencies’ approach to downgrading US debt and their view of reserve currency status
Read more...On the Accelerating Decline in US Medical Training, and With It, Doctor Competence
A warning to US readers on the further degradation in medical training and resulting crapification of care.
Read more...What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, John Cassidy presents historical foes of monopoly, inequality, environmental peril, and authoritarianism
Read more...The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
An overview of the economic impact of Trump’s second term flurry from some Serious Economists. They don’t find much to like.
Read more...The Ancients: What Can They Teach Us About Our World and How to Live in It?
I recently added a new volume to my Shelf of Little Books, some of which are not so little but all of which repay re-reading that helps me understand our world a little better with each successive encounter. The newest resident of the shelf was published earlier this year by Princeton University Press: Following Nature’s […]
Read more...Believe It or Not, There Was a Time When the US Government Built Beautiful Homes for Working-Class Americans to Deal With a Housing Crisis
For a short time, the U.S. government not only built houses, it constructed entire communities.
Read more...Yanis Varoufakis: The Economics of Europe’s Descent into Warmongering
The long path that has led Europe to see big defense spending will be a lifeline, hence the need to stoke war fever.
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