Wednesday, December 31, 2025

There is No Nobel Prize in Economics

Yves here. From time to time, readers chide us for lacking the patience to spell out the proper name of economics profession’s imitation Nobel Prize. J.R. Swenson is particularly annoyed by this practice and is highlighting some of the (sadly still few) instances within the discipline of pushing back against the brand appropriation. To highlight […]

Financial Crises as Drivers of Populism: A New Channel

Financial crises hurt the middle class, reducing their support for the status quo in favor of insurgent, aka populist, candidates.

Shinzo Abe and the Legacy of Japanese Militarism

Shinzo Abe’s death is a reminder of how the US helped paper over WWII era crimes of the Japanese Empire.

Links 7/10/2022

How Organized Labor Leads the Fight for Safer Workplaces

Workers forming unions at Amazon and Starbucks want better wages and benefits and other labor protections union workers enjoy every day.

A Fond Farewell to Jerri-Lynn

We will miss Jerri-Lynn and very much appreciate her many fine contributions over the years.

Seeking Reader Help in Finding New Site Contributor(s) to Fill Jerri-Lynn’s Shoes

Yves is in damsel in distress mode! Can you help Naked Capitalism find a new contributor to take over for Jerri-Lynn?

Links 7/9/2022

Leverage & Interconnectedness Are Blowing Up Crypto & DeFi

What’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.

Rishi Sunak Could Become PM. Here’s What He Doesn’t Want You to Know

From offshore dealings to right-wing think tanks, a guide to Rishi Sunak, the man who could become the UK’s richest PM

2:00PM Water Cooler 7/8/2022

~ Today’s Water Cooler ~

Think Johnson Has Had a Bad Week? He’s Achieved What He Wanted

Johnson’s political project was to destroy what trust was left in UK politics. And he’s succeeded

Links 7/8/2022

Washington Doubles Down on Hyper-Hypocrisy After Accusing China of Using Debt to “Trap” Latin American Countries

Washington has intensified its Latin American charm offensive (onus on the word “offensive”) by warning of the dangers posed by China’s increasing use of “debt trap” diplomacy in the region.

Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn

Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.