Is It Time for a Debt Jubilee?
Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.
Read more...Category Archives: Free markets and their discontents
Google Monopolizes Ad Markets Through Conduct Lawmakers Prohibit in Other Electronic Trading Markets
How Google’s abuses allow the search giant to dominate online advertising, and what can be done about it.
Read more...Millions of Tenants ‘Headed for Absolute Disaster’ After New Year, Owing Average of Nearly $6,000 in Rent and Utilities
The clock is ticking for underwater tenants, and Congressional relief looks set to be too little, too late.
Read more...Rana Foroohar and Mark Blyth on Democrats Trying to Please Too Many Money Masters at Once
The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Read more...NYC Landlords Suing Pandemic-Slammed Small Businesses by the Hundreds for Missed Rent
Pandemic-starved businesses are facing off against landlords who want rent paid. New York City illustrates some of the legal and practical issues.
Read more...Capitalist Systems and Income Inequality
Focusing on class produces a new taxonomy of capitalist countries.
Read more...Potential Consequences of Post-Brexit Trade Barriers for Earnings Inequality in the UK
More bad news on the inequality front.
Read more...MMT and the EU: A Case for Capturing the Prevailing Narrative
A political economy take on the EU.
Read more...Covid Profits of Pharmaceutical Monopolies vs Peoples’ Lives
The WTO is set to consider a proposal supported by 99 countries to waive intellectual property protection for Covid treatments.
Read more...The Coming Deadly Covid Winter
Extrapolating from well-advanced Covid developments leads to some ugly destinations.
Read more...What Would a State-Owned Amazon Look Like? Ask Argentina
Amazon hasn’t done well in Latin America. Now Argentina will challenge private platforms to benefit workers, consumers and sellers.
Read more...To Save the Economy, Biden Must First Save Lives
More discussion of an analysis that concluded that the only way to “fix the economy” was to tackle Covid…and not hope for a vaccine bailout
Read more...How to Move Beyond Utopian Socialism and Libertarianism
It is vital to escape the standard binary debates of state versus market or public versus private ownership.
Read more...The Mnuchin-Powell Affair Over the Fed’s “Special Purpose Vehicles” in Dollars & Effects
The Treasury and Fed set up junk-buying SPV programs The unwind is oddly controversial given that they never should have been created.
Read more...Don’t Depend on Wall Street for Renewable Energy Investment
Why Big Finance is part of the energy problem, not the solution.
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