Industrial Policy, East or West, for Development or War?
The West has gone from disdaining industrial policy to becoming a true believer.
Read more...Category Archives: Market inefficiencies
“The Algorithm Told Me to Do It”: More Price Fixing in US Rental Market
Arizona and another class action join lawsuit parade against price-setting software companies and property managers, North Carolina AG investigating.
Read more...Book Review: Malcolm Harris’ “Palo Alto: A History of California, Capitalism, and the World”
The Silicon Valley citadel of capitalism is built on eugenics, bombs, and hatred of the working class, and it’s destroying the world.
Read more...Wolf Richter: Nvidia, the WTF Chart of the Year. Tesla also Had WTF Charts of the Year before Shares Plunged
Because these price spikes are a state of mind. And when that state of mind changes – see Tesla.
Read more...Dead Smoke Alarms, Moldy Rooms, Empty First Aid Kits: Farmworkers Endure Unsafe and Substandard Housing Across US
US agriculture workers are in desperate need of labor action as the employers (and regulators) do next to nothing to ensure safe working and living conditions.
Read more...In This Oklahoma Town, Most Everyone Knows Someone Who’s Been Sued by the Hospital
By Mitchell Black and Noam N. Levey. Cross posted from KFF Health News. It took little more than an hour for Deborah Hackler to dispense with the tall stack of debt collection lawsuits that McAlester Regional Medical Center recently brought to small-claims court in this Oklahoma farm community. Hackler, a lawyer who sues patients on […]
Read more...How Workers and Firms Meet in the Labour Market and Why It Matters
Because search channels connect workers and firms at different rungs of the wage distribution, matching technologies matter not only for individual job search outcomes, but also for aggregate employment, productivity, and wage inequality.
Read more...Book Review: Sally Denton and Roger Morris, “The Money and the Power”
Examining the moments and people that helped fuse the US state, economy, and organized crime into one indistinguishable entity.
Read more...Amid Regulatory Gaps, Telehealth Prescribers Flourish
Who’s regulating Telehealth drug sales?
Read more...The Art of the Mini-Trade Deal: 2,000 Missing Variables and Counting
EU trade policy also relies to a large extent on ‘mini-deals’. The scope and the legal nature of these mini-deals vary considerably, and while most are invisible, some of them may be quite important in terms of their impact on trade.
Read more...How Widespread Is Price-Fixing in the US Economy?
DOJ finally goes after Agri Stats, a company notorious for helping the meat industry gouge producers, stores and consumers. Will the move serve as a warning for other industries?
Read more...The Increasing Financialization of Germany
The FIRE sector capitalizes on Germany’s industrial decline as government diverts money from social programs to military.
Read more...“Unrealized Losses” on Securities Held by Banks, Oh Dearie, the Whole Schmear: +8%, to $558 Billion
We now have to pay attention to unrealized losses in the banking system.
Read more...The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Stock buybacks, aka corporate financialization, as a mode of predatory value extraction
Read more...Even Plutocrats Can’t Escape the Coming Heat
There’s no refuge from material facts.
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