Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn
Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.
Read more...Category Archives: Income disparity
Welfare Can Discourage Crime More Than It Discourages Work
Who’d have thunk it? Income support, such as welfare, reduces crime.
Read more...Wealth of Two Nations: The US Racial Wealth Gap, 1860-2020
Severe racial differences in initial conditions after Emancipation have contributed greatly to today’s stalled progress in closing the racial wealth gap.
Read more...Readers to the Rescue: Help With Betty-Jo’s Post-Cancer Liver Treatments So She Doesn’t Have to Live in Her Car
Betty-Jo, who was my deceased mother’s best aide, has been run over by our predatory, for-profit medical system. Please help!
Read more...Michael Hudson: A Depression Is Coming
Economist Michael Hudson explains the inflation crisis and warns a “long depression” is coming, due to the new cold war on Russia and China.
Read more...The Fed Tackles Kalecki
A well regarded paper by Fed researchers challenges conventional views on the relationship between inflation and employment
Read more...Climate Hypocrisy Ensures Global Warming
Facts and figures on advanced economy climate negligence.
Read more...Dobbs v. Jackson Women’s Health Organization: U.S. Supreme Court Overturns Roe v. Wade by 5-4 Vote, Thereby Leaving it to States to Make Their Own Abortion Laws
The Supreme Court Friday overturned the 1973 Roe v. Wade decision that established a constitutional right to an abortion. States are once again free to impose their own arbortion restrictions, including outright bans.
Read more...How Greedy Corporations Fuel Inflation
How companies are adding to inflationary pressures by increasing prices when not warranted by costs.
Read more...WTO 12th Ministerial Conference Continues Sorry Record of Anti-Worker, Anti-Developing Economy Policies
After pretenses that it might be more solicitous towards people, as opposed to big companies, the WTO followed the money masters.
Read more...What Might the US Be Like Post-Roe v Wade? Look at Present-Day Nigeria
Yves here. This using Nigeria as a forecast for the US is hyperbolic, since even if Roe v. Wade is overruled or narrowed, it then becomes a states-rights matter, and quite a few states will allow for abortions and many are likely to strengthen their laws. Moreover, laws by states to criminalize abortions and facilitating […]
Read more...Portland: Sobering Lessons in Untying the Knot of a Homeless Crisis
On the burgeoning homeless problem in Portland, and the city’s well-meaning but insufficient measures.
Read more...Michael Hudson: The Fed’s Austerity Program to Reduce Wages
The Fed, following neoclassical orthodoxy, hates having ordinary workers properly paid.
Read more...The Fifth Anniversary of the Grenfell Tower Fire, Aesthetics, and Social Murder
What were the causes behind Grenfell Tower’s beautiful, smooth facade?
Read more...100 Million People in America Are Saddled With Health Care Debt
An in-depth study reveals the scope and severity of medical debt in the US is much worse than previously thought.
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