How mainstream economics ignores the lessons from antiquity on the destructiveness of oligachies, and how early industrialists and business schools promoted anti-rentier, socialit policies.
Thursday, October 2, 2025
The Biggest Problem in the War on Cash
Banks and retailers are running into strong political opposition to restricting the use of cash.
Put Bernie Sanders’ Face on Those Joe Biden Photos, Then Imagine What Party Leaders Would Be Saying
Another cut on #MeToo’s hypocisy with respect to Biden.
2:00PM Water Cooler 4/4/2019
Today’s Water Cooler: Biden, Buttigieg, Gravel, Ryan (new),O’Rourke and gentrification, Sanders, AOC, DCCC, Crosscheck, DSA in Chicago, employment situation, Tesla, robot cars, Boeing 737 MAX, global CO2 emissions, Green New Deal, pollinator-friendly solar projects, science and the slave trade, machine tools
The Media Endlessly Talks About Interest Rates—Are They Even an Effective Economic Tool at This Point?
Interest rates are a poor substitute for fiscal spending and as we’ve seen, over-reliance on monetary policy produces speculative booms and busts. More and more people recognize this formula isn’t working, but what will it take to change course?
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: The Inherent Financial Instability in Western Civilization’s DNA (Part 3)
By John Siman, who is also the author of Part 1 and Part 2 in this series John Siman: It seems that unless there’s a Hammurabi-style “divine king” or some elected civic regulatory authority, oligarchies will arise and exploit their societies as much as they can, while trying to prevent the victimized economy from defending […]
Brexit: Shambles
More Brexit faffing about when that’s the last thing the UK can afford.
As GOP Deploys ‘Nuclear Option’, New Reports Detail Damage Done By Trump’s Far-Right Takeover of Judiciary
In just under two years on the bench, Trump’s narrow-minded elitist judges have already harmed workers, consumers, voters, immigrants, reproductive rights, and many more.
Confirming Upcoming Meetups: Washington, Friday April 12; Boston, Thurs April 25; Milwaukee Wed May 1; Minneapolis Thurs May 2
Providing details for upcoming meetups. See you soon!
2:00PM Water Cooler 4/3/2019
By Lambert Strether of Corrente. Readers, politics is a little light because I spent too much time on Boeing. I’ll add a bit more shortly. –lambert UPDATE All done! Trade “Exclusive: China’s huge Airbus order padded by old or incomplete deals – sources” [Reuters]. “A landmark order from China for 300 Airbus jets signed during […]
Yasha Levine: Respectable Racists
Racists are well tolerated in liberal bastions in America….as long as they are the right sort of racist.
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: Mixed Economies Today, Compared To Those Of Antiquity (Part 2)
How mixed economies have mixed it up over time.
Brexit: Pandemonium
Is May’s latest Brexit gambit a roll of the dice or meant to be a road to nowhere?
