The Economy Isn’t About Money. It’s About Putting Food on the Table
Our Enlightenment predecessors recognized not one but five economies – and the pandemic has reinvigorated our taste for them.
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Grenfell Tower Fire: Third-Year Anniversary (Non-)Progress Report
Some progress on Grenfell Tower: Remediating apartment blocks, ongoing inquiries, regulatory proposals. But not nearly enough. And then there’s the potential IT boondoggle. They were careless people, Tom and Daisy…
Read more...Let’s Make Sure We Get the Green New Deal Right
vid-19 throws a wrench in many of the assumptions underlying existing Green New Deal proposals.
Read more...The Bank of England Votes for More QE – But This Is a Road That Will Run Out
Yves here. Richard Murphy’s observations about QE hitting its limits are clearly relevant to the US. Sadly, things will have to get worse before ideas like a job guarantee or Green New Deal-type work schemes even get a hearing. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian […]
Read more...How America’s Covid-19 Rescues Look Set to Increase Inequality
Why the Covid-19 bailouts are coming at a high social cost.
Read more...The Police Weren’t Created to ‘Protect and Serve.’ They Were Created to ‘Maintain Order.’ A Brief Look at the History of Police in America
America’s police started out as muscle deployed against labor organizers.
Read more...Reviving the Economy, Creating the ‘New Normal’
Covid-19 rescues will reshape the economy, as we see in the US, with fat cats getting fatter. Will other countires make sounder choices?
Read more...How the Disappearance of Union Jobs Obliterated an Emergent Black Middle Class
How union support boosted black economic and social progress.
Read more...Some Thoughts on New York City and the Dim Prospects for American Cities
Major cities are in serious trouble and hte outlook is grim.
Read more...Julian Assange Just Called. To Talk About the Pandemic’s Effect on Capitalism & Politics!
Yanis Varoufakis briefs Assange on the devolution of capitailsm.
Read more...Forty Percent of Police Families Experience Domestic Violence, Compared to 10% in the General Population
More evidence of lack of impulse control on behalf of a meaningful number of police officers.
Read more...Private Equity Clearly Inferior to Public Equity: Delivers Similar Returns With Lower Liquidity
More evidence that private equity underperforms on a risk-adjusted basis.
Read more...Dicamba Drift: Trump EPA Defies 9th Circuit Ruling
EPA issues cancellation order to attempt to overrrule Ninth Circuit dicamba opinion; plaintiffs’ lawyers file emergency motion.
Read more...The Cost of Staying Open: Voluntary Social Distancing and Lockdowns in the US
Yves here. As various analyses have shown, in many places, governments implemented lockdowns after citizens had started restricting their activities to avoid contracting Covid-19. It’s useful to see economists address the question of what the cost of doing nothing or very little would have been. By Adam Brzezinski, DPhil (PhD) candidate in Economics, University of […]
Read more...Police State Watch: Amnesty Targets Tear Gas
Amnesty International has yesterday launched a resource on global misuse of tear gas, in the US and elsewhere:
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