Doctors, Strikes and the Failures of Wes Streeting and Labour
It appears Wes Streeting has channeled his inner Trump and is trying to bully NHS doctors when he does not hold good cards.
Read more...Category Archives: Free markets and their discontents
What’s at Stake in Trump’s Executive Order Aiming to Curb State-Level AI Regulation
Fortunately, an executive order won’t stop states from restricting AI. But expect the Administration to try other routes.
Read more...Political Power and Profitable Trades in the US Congress
A new study finds that it’s not the Congress rank and file that generates insider trading big bucks, only some of the leaders.
Read more...Russian Central Bank Sues Euroclear Over Frozen Assets; Will the EU Be Hoist on the Investor-State Settlement Disputes (ISDS) Petard?
Hoo boy. Russia looks to be using much demonized (by labor and environmental rights advocates) investor-state dispute settlement provisions to pursue Euroclear.
Read more...Economic Questions: James Tobin’s Transaction Tax
A Tobin tax is a no-brainer for reducing speculation and financial crisis risk. That is reason enough to keep it from being implemented.
Read more...How Corporate Democrats Made Trump Possible: A 10-Year Timeline
Yes, corporate Democrats did indeed grease the skids for Trump’s presidency, but the key misdeeds go back to Obama.
Read more...Trump’s Idea for Health Accounts Has Been Tried. Millions of Patients Have Ended Up in Debt.
A look at Trump’s non-solution to the looming problem of the expiration of Covid-era ACA subsidies.
Read more...Revulsion, La Grande Bouffe, and the Spectacle of Grotesque Elite Self and System Destruction
Why our elites, starting with the top ranks in the Trump Administration, are disgusting.
Read more...The Anti-MAGA Economics of the Second Trump Administration
How Trump has defaulted on his MAGA promises.
Read more...Blockbuster San Francisco Lawsuit Targets Food Industry Giants Over Ultraprocessed Foods, with Extensive Documentation of Health Damage and Success in Producing Addiction
A case by the San Francisco attorney documents Big Food’s use of ultraprocessed food to create addicts in a repeat of the tobacco playbook.
Read more...The Meaning of Freedom in These United States
Nicholas Buccola is a historian of the United States who will still be read 30-40-50 years from now. I regret that I will not be here to see where he takes us. In 2019 he published The Fire is Upon Us: James Baldwin, William F. Buckley Jr., and the Debate Over Race in America. This […]
Read more...Bitcoin, Crypto Plunge Accelerates as Leveraged Players (“Treasuries”) Like Strategy Dump Holdings
A big leverage unwind in Bitcoin is accelerating, dragging down other crypto. How much further will the fall go before hitting bottom?
Read more...The UK Is Cursed: How Finance Destroyed Our Economy
More discussion of how the UK’s post World War II decline was a choice, due in large measure to the embrace of finance and neoliberalism.
Read more...Quelle Surprise! Companies With Market Power Drive Inflation
Corporate concentration does not just make inflation worse. A new study finds it plays a lead role.
Read more...AI Hyperscalers Crash the Grid as Big Tech Becomes a Power Trader
Enron’s success in gaming power prices suggests that there’s reason to worry about AI hyperscalers aselectricity traders
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