Saturday, July 25, 2026

Wage Stagnation and Productivity: Challenging the Conventional Analysis

Stagnating real wages may have contributed to the slowdown of US productivity.

OECD Members Just Met in Ibiza to Discuss Creating a Global Vaccine Passport Regime

On the same day as the OECD meeting, the governments of 21 African countries quietly embraced mandatory vaccine passports, which will link up with other global systems. 

Michael Hudson: The End of Western Civilization – Why It Lacks Resilience, and What Will Take Its Place

How neolibearlism and idealization of markets is the latest chapter in the West’s destructive drift towards rule by oligarchs and rentiers.

2:00PM Water Cooler 7/11/2022

~ Today’s Water Cooler ~

‘Good. Now Declare It,’ Says Pressley as Biden Mulls Health Emergency for Abortion Rights

Would declaring a public health emergency work as a Biden Administration abortion Hail Mary pass?

Links 7/11/2022

Some Quick Thoughts About Russia’s Resilience and America’s Malaise

Seeking reader input on preliminary hypotheses on why Russia is faring better than expected under the sanctions while the US is suffering.

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