California Treasurer John Chiang promised landmark private equity transparency but instead acted as a stooge of the private equity industry and failed to stand up to captured public pension funds.
Read more...The unexpected impact of the fall in sterling in 2007-2008 suggests Brexit could produce a drastic drop in UK living standards.
Read more...The Brexit vote was a stunning repudiation of neoliberalism and austerity. But what comes next?
Read more...A ranking of US states for their “zombie” meaning slow-motion fiscal crisis, risk.
Read more...Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.
Read more...Why the “new normal” is a sign that capitalism is running out of options.
Read more...The IMF has become an unlikely reporter of unpleasant realities about the US economy, particularly the costs of inequality and distress. If only its prescriptions were better….
Read more...Clinton can offer nothing meaningful to Sanders and his supporters, and therefore Sanders has no reason to capitulate. Not hard to understand unless you are committed to not understanding that.
Read more...Yves here. This post corrects some of the misleading accounts of the history of the Puerto Rico’s debt crisis and describes how the neoliberal remedy is producing an Ireland-style exodus of the young. By José A. Laguarta Ramírez. Originally published at Triple Crisis At least 23 of the 49 people killed in the mass shooting […]
Read more...Financial crises move the struggles between debtors and creditors into the political sphere.
Read more...Even those economists that think Brexit is a disastrous idea differ on how severe the downside would be.
Read more...Big Pharma lies via medical publications, and the FDA shuts its eyes to this ruse in clinical trials. Time to put it to a stop.
Read more...American air supremacy is touted as key to delivering low cost victories. It’s hasn’t been working out that way for quite a while.
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