The Mainstream Media’s Phony War
How the mainstream media is still waging a Phony War for the elites — and why you need to donate to the Naked Capitalism fundraiser.
Read more...Category Archives: The dismal science
How Wells Fargo Exemplifies the Drivers of Big Corporate Fraud
The Wells Fargo fake account scandal illustrates why corporate executives conveniently ignore or even engage in fraud.
Read more...Unemployment Insurance Extension During Great Recession Did Not Destroy Jobs
Debunking the claim that extending unemployment insurance during the aftermath of the crisis was a bad idea.
Read more...Are Our Earnings Really Our ‘Just Deserts’?
Why the idea that wages represent “just deserts,” as in the individual’s contribution to social output, is bunk.
Read more...The Prospects for Technology-Driven Growth: Dismal or Dazzling?
Advanced economies are caught between two giant, competing truths: economic growth is slowing down, and science is flourishing.
Read more...Democracy. Capitalism. Socialism. Choose Any Three of the Above
Why capitalism, socialism, and democracy are necessary for any country’s prosperity, economic freedom, and economic well-being.
Read more...A Review of David Fleming’s Lean Logic (and Resilience)
Resilience in complex systems and slack systems.
Read more...When Bank Boards Get Too Cozy, Expect Misconduct
Why regulators and investors need better measures of the connections between bank executives and their boards.
Read more...Social Democracy, the “Third Way,” and the Crisis of Europe, Part 1
The birth of the Third Way —a turn away from class-struggle politics and a compromise with neoliberaism—and how it shaped the Eurozone.
Read more...The Nobel Prize in Economics: How It Took a Hard Neoliberal Turn
How the so-called Nobel Prize in economics came to validate neoclassical thinking, even as it failed in Sweden.
Read more...The Impact of Minimum Wage Changes on Infant Health
Why analyzing minimum wage increases solely in terms of labor market impact is shortsighted.
Read more...Popular Acceptance of Inequality Due to Brute Luck
People don’t mind inequality due to “brute luck”…but is one man’s brute luck another man’s rigged system?
Read more...Income Inequality in a Globalising World
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
Read more...Backlash Against Trade Deals: The End of U.S.-Led Economic Globalisation?
Why the backlash against the overreach of US trade deals, as embodied by the TPP and TTIP, is well warranted.
Read more...The Private Debt Crisis
Why private debt is so dangerous, and why that risk looms large, particularly in China.
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