Fatal Combination: Bailouts and Bank Rescues in Money-Driven Political Systems
A tidy case study into how much money it takes to buy Congressional votes.
Read more...Category Archives: Politics
Somebody Needs to Tell Chuck Schumer that the Entire Working Class Is “Heroic,” Not Just “Essential Workers”
Schumer’s “Heroes Fund” would create a new labor aristocracy
Read more...Some Comments on the Sanders Campaign
Thoughts on the Sanders kneecapping.
Read more...Mark Blyth and Jeffrey Sommers: Austerity – A Dangerous Idea Returns
Why more austerity is one of the worst possible responses to the pandemic….yet the US is seeing even more of it.
Read more...Will the United States Post Office Become a Victim of #COVID19?
Is there space for a deal in the next bailout bill for saving the Post Office?
Read more...Labor Admits Superannuation Is a Ponzi Scheme
An Australian proposal would put stressed superannuation funds in even more trouble.
Read more...The Coming Battle for the COVID-19 Narrative
Will the disruption of Covid-19 deal a major blow to market ideology?
Read more...The Use and Abuse of MMT
Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...Last Chance to Save the Euro?
The actions taken so far to salvage the single-currency union expose its fatal flaws. The last bout of stress will be a test to destruction if fundamental changes aren’t made.
Read more...Martin Wolf and Wishful Thinking on Ending Coronavirus Lockdowns
It would be nice to go back to something like the old normal. But the coronavirus is still very much in charge.
Read more...Amid COVID-19 Pandemic, Some Pipeline Projects Push Forward While Others Falter Nationwide
Pipeline projects proceed, sometimes on a stealth basis, under cover of the COVID-19 crisis and despite the collapse of world oil prices.
Read more...Key Official Missing in Action: North Carolina Treasurer, Sole Fiduciary of Its Pension, Has Covid-19 but State Refuses to Say More
Key public officials are abusing their position if they keep the severity of their Covid-19 illness under wraps.
Read more...Why Can’t Everyone in This Country Get Free COVID-19 Treatment?
The US is well into the Covid-19 crisis, yet most citizens are at risk of big bills if they seek testing and care.
Read more...The EU’s Green Deal: Bismarck’s ‘What Is Possible’ versus Thunberg’s ‘What Is Imperative’ in the Age of Covid-19
A detailed look at the Green Deal: bold goals, with a shortage of money, transition plans, and social democracy.
Read more...The Coronavirus Depression Requires A New Approach to Budgeting
Coronavirus spending illustrates the foolishness of legislators believing their own numbers.
Read more...