Category Archives: Guest Post

Making Profit Should Not Now Be the Primary Goal of a Business: Being Net-Zero Carbon Should Be

Central banker Mark Carney argues for green economy gradual transition, Can’t get too much in the way of almighty profit.

California’s New Transparency Law Reveals Steep Rise In Wholesale Drug Prices

Drug price data in Califorinia shows mind-boggling increases in wholesale prices since 2019. Of course, the industry claims that that information is misleading.

The IMF Convenes in Washington, Deaf to the Suffering It Causes Across the Planet

A brief reminder of the IMF record of failure and harm.

What Do We Talk About When We Talk About Coups?

Will the “impeachment inquiry” culminate in a coup, or not?

Thomas Piketty’s New Book: Impressive Research, Problematic Solutions

Capital and Ideology is a quantitative history of inequality, a largely noneconomic theory of social stratification, an investigation into the social roots of current populism, and a political manifesto for the European left.

Links 10/14/19

PG&E Blackout Round-Up, Mini-Grids, and Thoughts on The Jackpot

PG&E’s bankruptcy woes, possibilities for a more resilient grid, and “androgenic, systemic, multiplex, seriously bad sh*t” (The Jackpot).

Links 10/13/19

Michael Pettis: MMT Heaven and MMT Hell for Chinese Investment and U.S. Fiscal Spending

There are conditions under which governments can create money—or debt—without fear of inflation or excessive debt burdens. There are other conditions under which debt or money creation can lead to inflation and balance sheet problems.

Naked Capitalism – A Vintage Tipple for Survival in the Neo-Con and Neo-Liberal World

Colonel Smithers describes how the Square Mile has changed for the worse and how that wound up making Naked Capitalism part of his daily routine.

Income-Based Repayment Becoming a Costly Solution to Student Loan Debt

A proposal to fix income-based repayment schemes for student loan debt unwittingly illustrates the deficiencies of “preserve the status quo” approaches.

Post-Capitalists Must Understand the Role of Migration in Global Capitalism

Why the left needs to stop being naive about the economic uses of migration.

2:00PM Water Cooler 10/11/2019

Today’s Water Cooler:

EU Adopts Right to Repair for Household Appliances

European Commission approves right to repair regulations for household appliances: a start, but much less than what’s necessary to reduce waste, combat climate change, and save consumers money.