A Post-Election Reflection on Stolen Pride: Loss, Shame, and the Rise of the Right
On how the shame resulting from the loss of seen-as-meaningful and well-paid work led many to reject the rule of their PMC betters.
Read more...Category Archives: Free markets and their discontents
Trump’s Energy Sanctions Are a Double-Edged Sword for Global Economy
Trump plans tougher sanctions on Iran’s and Venezuela’s oil exports, and secondary sanctions on China. How might that work?
Read more...US EPA Enables Polluting Plastics Plants by Failing to Update Wastewater Limits, Report Says
Yet another example of EPA underperformance, here on the plastics pollution front.
Read more...Scientists Fear What’s Next for Public Health if RFK Jr. Is Allowed To ‘Go Wild’
On the considerable upset about RFK, Jr.’s nomination to head HHS.
Read more...Bad Samaritans in Foreign Aid
Who’d have thunk it? The notion that foreign aid might be self-interested looks to novel, at least among economists.
Read more...The New Economy and the Tariffs and Tax Breaks to Launch It
Analyses of planned Trump tariffs differ somewhat on the impact, but all find them to be negative. Will the Supremes save Trump from himself?
Read more...DNC Doubles Down on Failure, Rejecting Sanders’ Calling Out Party for Abandoning Workers and Economic Justice
Quelle surprise! Some Democratic party leaders double down, denying Sanders was right and kicking workers and the poors is not a good strategy
Read more...How Local and Federal Institutions Are (and Aren’t) Taking Care of North Carolina’s Hurricane Helene Survivors—and What Mutual Aid Groups Are Doing to Help
Grassroots organizations are helping rebuild North Carolina communities after Hurricane Helene. And how about FEMA?
Read more...How the Trump Presidency Might Change the Global Economy
Trump tariffs are coming! What does that mean?
Read more...Going Back to the Source: A Personal Reflection on Capital, Volume 1
KLG reflects on how Marx’s Capital was an important primer for him in understanding capitalism, and why it remains a seminal guide.
Read more...So What Happens After a Trump or Harris Win?
Some crystal-ball gazing into what four year of Trump or Harris would portend.
Read more...Elections 2024: America at the End of Its Tether
A big source of election anxiety and conflict is that both parties give only lip service to rising inequality and fraying social safety nets.
Read more...Industrial Policy: Lessons from China’s Shipbuilding
A study of China’s shipbuilding industrial policy finds big market share gains did not produce domestic welfare benefits.
Read more...As Climate Disasters Increase, Official Responses Like FEMA to Helene Come Up Short
On the oddly muted reporting of FEMA’s performance in Helene, and why that matters for future disaster responses.
Read more...Another Nobel for Anglocentric Neoliberal Institutional Economics
New institutional economics won another “Nobel prize”, claiming that good institutions and governance ensure growth, equity & democracy.
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