Michael Hudson: William Goetzmann’s Money Changes Everything – A Travesty of Financial History Which Bank Lobbyists Will Applaud
Why William Goetzmann’s Money Changes Everything is unadulterated Austrian twattle.
Read more...Category Archives: Ridiculously obvious scams
Did the New York Times Really Need to Let Jamie Dimon Crow About the Measly Raise He Is Granting Employees?
Jamie Dimon throws JP Morgan workers some crumbs.
Read more...How Private Credit Rating Agencies Reinforce Global Economic Instability—and What We Can Do About It
A look at a fundamental point of failure in our financial system, rating agencies, and potential remedies.
Read more...Gaius Publius: Picking Up James Comey’s Pieces — What He Did, What He Should Have Done & Why
On the logic, such as it was, of FBI chief James Comey’s decision to let Hillary Clinton off the hook for her e-mail chicanery.
Read more...Quelle Surprise! SEC’s “Make the World Safer for Fraudsters” JOBS Act Does Little to Help Companies Raise Money
As we predicted, the JOBS Act is a flop. Here’s why.
Read more...The Cambridge Capital Controversy, or Why Microeconomics is All Wet
Why the Cambridge capital controversy is important yet almost never acknowledged: it’s too damaging to too many pet theories.
Read more...John Helmer: Armchair General Sells Australian Involvement in Ukraine….On Behalf of Arms-Maker-Funded Think Tank
An effort to enlist Australia as an ally of NATO in Ukraine reveals the reach of the military-industrial complex, as well as its methods.
Read more...Why Don’t Americans Take More Vacations? Blame It on Independence Day
Independence Day’s roots as an “Americanization” PR project to increase acceptance of immigrants who competed with native-born workers.
Read more...Why Private Equity Does Not Outperform
A new article gives a concise and readable debunking of the myth of private equity outperformance.
Read more...Ethereum and Smart Contract Unicorn Woo-Woo – There Should Be a Law Against It
Why Ethereum and smart contracts don’t and will never live up to their hype.
Read more...Brexit Risk and Nigel Farage: We Know Where His Mouth is (“England”), But is His Money Offshore?
Is Nigel Farage’s wealth offshore? Is that why he’s so calm about Brexit?
Read more...The Happiness Industry: How Corporations Want to Manage Your Mind
Rather than suggesting that consuming the right goods will make you happy, companies now want to create it more directly.
Read more...New Zealand: Kea Street Cred and US$1Bn Promise Lures Kiwi to Front Very Peculiar Financial Service Providers
Another duo of wildly offbeat New Zealand Financial Services Providers
Read more...TSA as Example of Privatization Playbook: Make an Agency Perform Badly By Underfunding It….
A case study of how privatization vultures weaken public agencies so as to turn them into their prey.
Read more...Financial Times Exposes McKinsey’s Secret, Conflict-Ridden In-House Hedge Fund
McKinsey’s heretofore secret in-house investment unit has troubling conflicts of interest.
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