A well-warranted takedown of the irresponsible and destructive record of mainstream economists on climate change.
Wednesday, July 23, 2025
Ann Pettifor Explains Why Neoclassical Economists Are the Last People To Listen to on Climate Change
Private Equity on Campus: Why College Students Are Sleeping in Cars
College students are still unable to find housing despite enrollment dropping since the start of the pandemic, and a major price-fixing lawsuit against corporate landlords sheds light on why.
2:00PM Water Cooler 8/22/2023
~ Today’s Water Cooler ~
As Offshore Wind Ramps Up, Scientists Flag Potential Impacts
Offshore wind farms can create their own local climates and may alter currents. How does that affect marine ecosystems?
The Moment of Truth Arrives for Mexico’s Anti-GM Corn Laws
This may be an important battle for Big Ag lobbies and biotech companies but it is an existential one for Mexico, for whom corn is the cornerstone not only of its cuisine and diet but also its culture.
Fed Ponders How Quickly to Try to Inflict More Pain on the Economy to Get Inflation to 2%
Debates inside and outside the Fed as to what it should do next about inflation pick up as its annual Jackson Hole conference approaches.
China And Russia Execute A Pincer Movement Around Iraq’s Biggest Oil Assets
China and Russia oil plays in and around Iraq provide further evidence that the US has lost its touch in the hegemony game.
2:00PM Water Cooler 8/21/2023
~ Today’s Water Cooler ~
Is Erdogan’s High-Wire Act Running Out of Rope?
Sweden’s NATO accession remains at a standstill as Turkiye confronts headaches in every direction.
Even Plutocrats Can’t Escape the Coming Heat
There’s no refuge from material facts.
A Russian Paper on New Currency/International Reserve Options Finds No Magic Bullets
A recent paper in a Russian economics journal confirms that there is no simple way out of the dollar hegemony box.
Stigler Center/ProMarket Hypocrisy: Published, Then Removed Post That Justified Anti-Trust; Bogus Excuses Demonstrate University of Chicago Failed Econowashing of Hard Core Neoclassical Stance
ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
