Michael Hudson: On Debt Parasites
Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
Read more...Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
Read more...The Fed is trying to solve an economic problem that is largely outside its reach.
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Read more...The wealth gap rises: Billionaires got more billions, the bottom half of Americans got peanuts and inflation.
Read more...Fed-type models say US inflation will hang around. So the central bank will try to Do Something when it really can’t do much.
Read more...Biden is signaling he might retreat on resuming student debt payments. But is this simply a ploy in light of the BBB brick wall?
Read more...The Kellogg agreement still leaves workers vulnerable, says a local union president.
Read more...At home work during the pandemic allowed most skilled workers to choose immobility, which could affect future work and migration patterns
Read more...Thomas Ferguson, a top expert on money and politics, weighs in on how much democracy is there with so much wealth and power in so few hands.
Read more...The Democrats shafted flyover and flyover is returning the favor.
Read more...Economists’ comparisons of incomes make social democracies look bad by not attributing value to government healthcare and cheap college.
Read more...Lessons from the ice cream factory
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