Wall Street Journal: “Why No One Wants to Pay for the Green Transition”
The green energy transition, which truth be told has not gotten very far, is already hitting a wall.
Read more...Category Archives: The dismal science
How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen
Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.
Read more...Restructuring of the Global Economy – Michael Hudson, Alexander Mercouris & Glenn Diesen
A wide-ranging talk, both geographically and historically, on the accelerating changes in the global economy
Read more...What Does Mustard Gas Have in Common with Crypto and Blockchain?
In Let Them Eat Crypto, Peter Howson warns that these schemes are fraudulent and causing indefensible harm to both humanity and the planet.
Read more...Resources to Save ‘Every Creeping Thing of the Earth’ Are Limited. What Would Noah Do?
A discussion of Martin Weitzman’s ideas about the best way to look at species preservation.
Read more...Seeking Full Employment Without Falling Prey to Neoliberal Traps
MMT economist Bill Mitchell on the rise of neoliberal ideology across the Anglosphere and how it curbed labor.
Read more...Theories of Economic Crises
How different economic theories, or more accurately, stories, about crises, have profound impact on policy.
Read more...Russia, China Unite Against US Empire
Michael Hudson on China’s wobbles, Russia-China cooperation, the revolt against colonialism and neoliberalism, and the conflict in Gaza.
Read more...WSJ’s Greg Ip Discusses China Crisis Risk
Fed whisperer Greg Ip expresses cautious concern about China, based on the latest IMF forecasts.
Read more...In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023
The impenetrability of this continuously expanding Ptolemaic New Keynesian monetary paradigm is maddening.
Read more...Michael Hudson: A BRICS+ Bank: How Would It Really Function?
Michael Hudson clears up some of the considerable confusion about what a new BRICS “currency” would amount to.
Read more...The Neoclassical Growth of China
A model finds that China closely tracked the trajectory of Japan, South Korea, and Taiwan. Does this claim hold up to close scrutiny?
Read more...Yanis Varoufakis: TECHNOFEUDALISM – What Killed Capitalism
Yanis Varoufakis’ forthcoming book examines our changed economic system, which he callls “technofeudalism.”
Read more...Will It Be Socialism or Barbarism for the Twenty-First Century?
How the end of policies supporting the material well-being of workers, aka socialism, has created widespread distress and political schisms.
Read more...Productive and Unproductive Crises
Making a case from past crises that we’ll muddle through our current set and thanks to technology, eventually come out better.
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