Repaying Bank Loans Destroys Money
Richard Murphy discusses a key, and not well understood, implication of repaying bank loans.
Read more...Category Archives: Free markets and their discontents
CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns
A discussion of the regulatory and behavioral issues that helped produce the Crowdstrike 404.
Read more...Let’s Abolish the Colonial IMF on Its 80th Birthday
Developing country protesters want the IMF to stop exploiting countries in debt crisis. But is BRICS prepared to fill the gap?
Read more...“Censorship to Defend Democracy”
ZOMG, VoxEU starts with the premise that censorship is of course warranted, but finds current implementations have not worked well.
Read more...U.S. is Facing a Major Energy Crunch Due to AI’s Insatiable Demand
A proposed Department of Energy initiative show the US is unserious about either curbing AI energy demand or managing the impact on the grid
Read more...Michael Hudson Speaks to Luca Placidi About Global South Debt Peonage and the Inevitability of Multipolarity
Yves here. We are introducing most of you to Luca Placidi, founder of an Italian YouTube channel called “Tracce di Classe”. Placidi who started his blog and website in late 2023, “after the war in Ukraine and the one in Gaza made the mainstream media narrative impossible to be listened to.” He discussed politics and […]
Read more...AI Financial Crises
Yes, Virginia, AI, like older forms of automated trading, has a nasty propensity to cause crises.
Read more...Net-Zero Ambitions Hit Major Roadblocks in Europe, UK, and US
The projected failure to meet insufficiently ambitious climate change goals like net zero should come as no surprise.
Read more...More Poverty for the Poor
The position of both poor nations and the poorest income groups globally has been deteriorating.
Read more...The Global Semiconductor Talent Crunch: How Protectionism Backfired
Oopsie! US semiconductor protectionism looks to have reduced the size of the pool of needed workers and experts.
Read more...Pitchbook Report Attempting to Defend Private Equity Role in Healthcare Suffers from Fundamental, Fatal Analytical Flaw
A recent report from Pitchbook commits data crimes in attempting to depict private equity management of healthcare companies as benign.
Read more...‘Woah!’: FTC Applauded for Launching Inquiry Into Surveillance Pricing
The FTC targets surveillance pricing, which is privacy-risking data harvesting used to charge higher prices.
Read more...US Voters Want Change, Biden’s Exit Hasn’t Fixed That
Communities ravaged by neoliberal capitalism want real change. Candidates like Biden make Trump look more able to deliver it.
Read more...How Big Pharma Preys on Poor Countries – and Patients Pay the Price
New investigation reveals unequal access to life-saving meds across Europe thanks to Big Pharma system that favors the rich
Read more...Wealthy Enclaves Belatedly Rebelling Against Supersized Houses
Many of the wealthy have taken to recoiling against hypertrophied houses, although they don’t ‘splain why very well.
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