Why Have Facebook and Other Tech Giants Gotten Away With Gobbling Up Competitors?
Why have regulators sat pat as Big Tech companies like Facebook and Google have done deals that look like violations of antitrust law?
Read more...Category Archives: Economic fundamentals
Why Taking Responsibility for Our Carbon Emissions Means Promoting the Right to Repair
Back to the future means not just considering the ability to repair but more actively purchases of new goods just for the thrill of acquisition.
Read more...The IMF Convenes in Washington, Deaf to the Suffering It Causes Across the Planet
A brief reminder of the IMF record of failure and harm.
Read more...Thomas Piketty’s New Book: Impressive Research, Problematic Solutions
Capital and Ideology is a quantitative history of inequality, a largely noneconomic theory of social stratification, an investigation into the social roots of current populism, and a political manifesto for the European left.
Read more...Post-Capitalists Must Understand the Role of Migration in Global Capitalism
Why the left needs to stop being naive about the economic uses of migration.
Read more...Does France Have an “Exorbitant Privilege”?
Why exorbitant privilege may not necessarily result from having the reserve currency, but instead from the tax games multinationals play.
Read more...Herd Behaviour in Asset Markets: The Role of Monetary Policy
Data supports the idea that lax monetary policy contributes to bubbles. Yes, Virginia, some regard that claim as controversial.
Read more...Long Term Real Interest Rates Fell Below Zero in all Euro Area Countries
Is praise of negative real interest rates in Europe making a virtue out of (mis)perceived necessity?
Read more...Bad Debts Make Good Profits – But What Are the Social Costs?
As European borrowers choke on debts they can’t repay, due to a significant degree to austerity-induced weak economies, financial profiteers swoop in to take advantage of the distress.
Read more...What Gandhi Believed Is the Purpose of a Corporation
Gandhi had a well-developed view on corporate goverance and influenced business leaders.
Read more...Secular Stagnation: The Limits of Conventional Wisdom
The debate over secular stagnation continues, yet orthodox economists are loath to admit that the needed fix is more demand, which means more government spending.
Read more...Rural Hospital Closings Reach Crisis Stage, Leaving Millions Without Nearby Health Care
How rural hospital closures have serious knock-on effects.
Read more...The Cost/Benefit Analysis of No Deal
Looking at the contours of a No Deal Brexit.
Read more...Michael Hudson: Asset-Price Inflation and Rent Seeking
A meaty new paper by Michael Hudson.
Read more...Brexit: Past the Event Horizon
Slouching towards Brexit.
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