ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
Read more...The Biden Adminstration has implemented some modest curbs on drug prices. Big Pharma is fighting a rearguard action in court.
Read more...Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far […]
Read more...Jomo warns US policies are creating war and depression, pushing developing nations to strengthen democratic institutions of global governance
Read more...Why a story on the abuse of private power, here a security guard beating up the homeless on public property, does not go far enough.
Read more...Some old and newish theories as to why our elites seem unable to manage their way out of a paper bag.
Read more...Why a wealth tax is not only no magic bullet, but also not likely to work very well.
Read more...Analysts across the political spectrum challenge massive paychecks of corporate chiefs—and whether companies can survive without them.
Read more...Angus Deaton returns to his deaths of despair theme, with updated data and a pointed critique of the role of Chicago School libertarians.
Read more...Gramsci encourages movements to pursue wide-ranging interventions, but always to unite them as part of a common program to transform society.
Read more...A supposedly good economy has not helped Biden much and trends such as oil prices do not look to be in his favor.
Read more...Some thoughts on the rapid decline in operational capabilities, or why tons of people, particularly those in charge, are no good at their jobs
Read more...Rob Urie makes a reasoned, data-backed case that the tools used in supposed democracies to enforce class standing merit the label of fascism
Read more...DoorDash behaves badly via selective non-compliance with a new law setting pay rules for food delivery workers.
Read more...Satyajit Das concludes his series on the future of energy by looking at curbing demand, aka radical conseration.
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