Category Archives: Regulations and regulators

As Boeing Inches Toward 737 MAX Recertification, 787 and Lunar Lander Go Sour, Charleston v. Seattle Looms

Boeing, Boeing…..

Hubert Horan: The Airline Industry Collapse Part 4 – Total Paralysis Continues

Hubert Horan recaps a talk with FT Alphaville’s Izabella Kaminska on why the airline is in desperate shape and not considering solutions.

America’s Dire Inequality Demands a New Conceptual Framework. This Economist Has One.

Lance Taylor explains that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.

CalPERS Cooks Its Books: Grossly Understated Investment Consultant Meketa’s Expenses in Annual Financials; Made a Criminal False Account by Burying the Cost

CalPERS violates accounting rules by hiding outside consulting costs in internal investment overheads. None of the possible reasons are good.

Another Compliance Failure: CalPERS Discussed Recusal of Ex-CIO Ben Meng but Failed To Enforce It; CEO Marcie Frost Says “Not My Job”

CalPERS CEO Marcie Frost told the press that she’s punting on her compliance duties.

US Tax Dollars Funded Every New Drug in the Last Decade

Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers footed the bill for every new drug approved from 2010 to 2019

Fauci Says COVID Vaccine Trials Could End Early If Results Are Overwhelming

The FDA’s eagerness to launch a Covid-19 vaccine is not a way to win public trust, particularly in light of the agency’s record of bad calls.

More Giveaways to Capitalist Finance? It’s High Time To Change the Objective

Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors.

How Do Banks Create Money?

A short primer on banks from a Modern Monetary Theory perspective.

Summer Rerun: Journey into a Libertarian Future: Part III – Regulation

Another dive, in both senses of the word, into the implications of libertarian ideology.

Paltry Flint Toxic Water Settlement: Let’s NOT Kill All the Lawyers (at Least Not Some of Them)

Michigan gets off easy with its $600 million settlement of allegations that lead-tainted water in Flint has caused permanent brain damage for its victims.

How the Agricultural Lobby Is Sabotaging Europe’s Green Deal

The European Commission’s ambitous Green Deal plans are already stumbling over bureaucratic infighting and ag industry opposition.

How Dairy Monopolies Keep Milk Off the Shelves

How consolidation in dairy processing has led to overproduction of milk and dumping.

Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power

Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.

The Bakken Boom Goes Bust With No Money to Clean up the Mess

How the Bakken oil boom, particularly hasty development and transport by rail, was destined to create an environmental hangover…..and no one bothered to prevent it.