Negative Interest Rates Are Coming, but There Is No Chance That They Will Work
Negative interest rates: a bad idea that some central banks still can’t resist.
Read more...Category Archives: Free markets and their discontents
Betsy DeVos Is Gone, But Her Education Agenda Is Rolling Out Across the Country
Even though Betty DeVos was depicted as a textbook ogre, her education privatization agenda is advancing as if it were perfectly respectable.
Read more...“The Vibe in North Houston”: A Report on Working Class Men Betrayed and in Angst
An account of working class men on the boil.
Read more...As COVID Rages, Bankruptcy Cases Fall…..For Now
The good news about bankruptcy under Covid is not likely to last.
Read more...RIP Michael Perelman
A belated obituary for the heterodox economist Michael Perelman.
Read more...Epidemic of Despair Could Haunt America Long After COVID
The pandemic may have severe after-effects, with deaths of despair impacting more distressed and newly-vulnerable populations.
Read more...Covid Road to Hell Paved with Good Intentions
Rich countries are subverting a program to assure that poor nations can afford Covid vaccines. Is a WTO mechanism a way out?
Read more...Some Implications of the GameStop Short Squeeze
The seeming success of the GameStop short-slayers could in the long run come at high cost to some of them and most of us.
Read more...How Financial Markets Shape Social Values and Political Views
Whocoulddanode? Investing in financial assets produces a more conservative outlook.
Read more...Elizabeth Warren’s Not-Ready-for-Prime-Time Robinhood/GameStop Intervention
Elizabeth Warren is back in swinging hard, but she’s not yet connecting with the balls.
Read more...The Blindness of Using Venture Capital to Fight Human Trafficking
Venture capital relies on market-based solutions to maximize short-term gains. That is no way to address worker exploitation.
Read more...New Report From Rep. Katie Porter Reveals How Big Pharma Pursues ‘Killer Profits’ at the Expense of Americans’ Health
Rep. Katie Porter kicks some Big Pharma ass and takes names.
Read more...The Fatuous Uproar About Robinhood and GameStop
The Robinhood contretemps shows how the US confuses a financial casino for productive activity.
Read more...TikTok Got A US Reprieve, But Elsewhere, It’s War
Tik-Tok is getting its wings clippped. But how far will containment efforts go?
Read more...Should President Biden Revoke Section 230?
“What to do about tech platforms” has fixated on Section 230, when more should be done.
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