Rarely in the Field of Human Endeavour Has One Rather Small Profession Caused So Much Harm to Humankind as Neoclassical Economists Do Now
Not enough bad can be said about neoclassical economics. The focus today is inflation policy.
Read more...Not enough bad can be said about neoclassical economics. The focus today is inflation policy.
Read more...A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Read more...Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...India makes a bold claim about spillover benefits from having ignored Western sanctions on Russian oil.
Read more...Examining the moments and people that helped fuse the US state, economy, and organized crime into one indistinguishable entity.
Read more...Nextdoor and Facebook groups present anecdotes and photos from Marine Park of encounters with migrants from a nearby shelter complex. Others are providing aid.
Read more...The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public
Read more...Neoliberalism is still doing a fine job of zombifying economies, but the doctrine sadly is in rude health.
Read more...The survival of the euro has come at the cost of Europe’s permanent stagnation and continuing fragmentation
Read more...With the Fed raising interest rates, IMF surcharges worsen debt distress in the global South, increasing poverty worldwide.
Read more...German elites run up the tab, but the country’s working class is largely stuck with the bill. An attempt to understand why Germany cannot or will not reverse course.
Read more...Delivery platforms DoorDash and UberEats immediately retaliated against a NYC-madated wage increase by redoing their apps to undermine tips.
Read more...The Republicans look serious about restricting immigration or at least rolling back recent Biden moves. But are there any sound approaches?
Read more...Continuing the debate on whether democracy is viable in a capitalist regime.
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