James Galbraith examines the used forecast by Christine Romer and David Romer to attack Gerald Friedman’s favorable review of Sanders’ plan. He’d already shellacked the methodology in a 2014 book.
Read more...An introduction to Michael Hudson and his latest book.
Read more...How the struggle over who controls the commons, the monied classes or a broader group of citizens, reveals the fundamental contradictions of capitalism.
Read more...A new study shows that health care consumers do not comparison shop, undermining a key assumption behind the ObamaCare marketplace
Read more...Is accounting suitable as a basis for business rationality?
Read more...Supposedly ‘competitive’ policies on tax favor multinational firms over smaller, locally-based ones and also reduce market competition.
Read more...Bernie has unapologetically rejected sclerotic visions of what is ‘politically possible’. And now he should add the Job Guarantee to his list of issues.
Read more...Relocalization has the potential to increase political accountability and revitalize communities. But how do you make it happen?
Read more...While the Fed isn’t worried about the fall in market liquidity, experts argue that if investors make abrupt changes in their portfolios, the lack of liquidity could produce a crisis.
Read more...Causes and consequences of consolidation in the health care industry
Read more...The Dutch flower market is a monopolist under assault. A case study of an economic and political struggle.
Read more...The official report on the October 15, 2014 “Flash Crash” raises some questions which unfortunately it does not answer.
Read more...Microsoft illustrates the real-world fallout of letting corporate executives, either out of desperation or out of finding deal making more fun than the grind of making businesses perform better, follow the siren song of M&A mavens.
Read more...Why the bogus idea that managers should focus on “maximizing shareholder value” is driving the American IT industry into the ditch.
Read more...“If I had an easy way and a non-risk way of shorting a whole lot of 20- or 30-year bonds, I’d do it,” said our favorite uncle Warren Buffett on CNBC. These kinds of bonds have been on a terrific bull run ever since Paul Volker, as Chairman of the Fed, cracked down on inflation. But now, even the avuncular face of capitalism would bet against them.
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