Category Archives: Market inefficiencies

Google’s Stock Climbed After It Fired 12,000 Employees—But What Did They Get Out of It?

Tech companeis laying off tens of thousands of employees, underscoring their fixation on short-term performance metrics.

How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis

New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.

Europe’s Wind Energy Industry Has Hit A Rough Patch

Major wind turbine makers are reporting massive losses and laying off swaths of employees due to supply chain snarls and other missteps.

The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story

A wide-ranging discussion of why defenses of crypto don’t stand up to scrutiny.

“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls

Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.

Europe’s Economic Controlled Flight Into Terrain

More on Europe’s economic suicide.

Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees

How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.

Michael Hudson on Finance Capitalism’s Self-Destructive Nature

Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems

What Is Really Causing Our Inflation: “Inflation in a Time of Corona and War”

Finally! Evidence-based answers to the main (policy) questions concerning the return of high inflation.

What Blew Our Financial Bubble So Big?

Why it’s more fun and profitable to be in the bubble economy than the real one.

Mothers, Lock Up Your Sons So They Don’t Practice “Yield Farming” in Crypto

“You’re just like, well, I’m in the Ponzi business and it’s pretty good.”

Refurbished Walkers and Wheelchairs Fill Gaps Created by Supply Chain Problems

Yet more signs of commodity shortfalls: scarce walkers and other assistative devices, due to a shortage of aluminum

Climate Science and Financial Risk: Forging a Path to More Climate-Resilient Businesses

Is the search for better valuations of climate risks to help businesses reducing global emissions an exercise in self-delusion?

Senators Introduce Right to Repair Legislation

Senators introduce right to repair bill. Antitrust litigation will proceed regardless of whether federal or state legislation is enacted anytime soon.