Two Decades of Chinese Industrial Subsidies
A profile of China’s subsidies and how they have changed over time. Counter-intuitively, agriculture is the most important recipient.
Read more...Category Archives: Market inefficiencies
American Pirates and the Coming Militarization of Commercial Shipping
Much be made o’ china militarized commercial ship sightin’ but there be Yankee gentlemen o’ fortune o’er yonder.
Read more...Coffee Break: Boxing Day Miscellany
Part the First: No, This Is Not Another Bell Labs. Bell Labs was justifiably renowned as the place to do high level physics and engineering. It also supported Arno Penzias and Robert Wilson in their research that identified the background cosmic microwave radiation that is the remnant of the Big Bang. But Bell Labs worked […]
Read more...Oklahoma’s Ban on Chinese-Owned Farmland Made an Exception for Smithfield Foods
Despite introducing legislation across the country to restrict foreign ownership of farmland, lawmakers do not appear motivated to target monopolistic firms, or to bring more of the food supply chain under domestic control.
Read more...In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods
Yale Climate Connections argues that rethinking American suburbs could help people drive less, lowering emissions.
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...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...Wordle, the Wisdom of Crowds, and Bubbles
What Wordle play says about markets and bubbles.
Read more...Moral Means Testing: Utah’s Isolated Homeless “Campus” to Require Education of the Soul Under Trump-Led Push To Divert Attention from Economic Causes of Crisis
Utah aims to produce a model for Trump plan—an isolated “Accountability Campus” where commits will be reformed. Other states and localities are not far behind.
Read more...The Housing Crisis Is Forcing Americans to Choose Between Affordability and Safety
The magic of the market: a system where your income determines your exposure to climate disasters.
Read more...Why Do We Still Have Poverty?
Richard Murphy explains how antisocial neoliberal economics deliberately creates poverty — using fear and insecurity to keep wages low, rents high, and wealth flowing up to the richest.
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
Read more...Nation’s Largest Landlord Is Encouraged to Break the Law With Measly Fine for Price Fixing Scheme That Kept Rents Artificially High and Worsened Homelessness Crisis
Greystar is penalized 0.002 percent of the $300 billion worth of real estate it manages, and must stop using collusion software—maybe.
Read more...Colorado Is Pumping the Brakes on First-Of-Its-Kind AI Regulation to Find a Practical Path Forward
AI: too big to be regulated?
Read more...