What Are the Three Concurrent Crises of the Coronavirus Depression?
Past theories of crises and why they matter now.
Read more...Past theories of crises and why they matter now.
Read more...Michael Hudson sharpens some of his arguments in a discussion with a Harvard/Cato Institute stalwart.
Read more...Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Will the disruption of Covid-19 deal a major blow to market ideology?
Read more...Reallocating workers to better jobs at their current location could be a more cost-effective avenue to increase aggregate wages, and even accelerate regional convergence
Read more...Fed tightening is no longer needed to create recessions, given fragile credit structures and a growing pandemic out of China.
Read more...A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.
Read more...Our results add to a growing body of evidence linking pharmaceutical payments to changes in prescribing behaviour
Read more...If you are worried about repo, you are worried about the wrong thing. If anything, it’s a symptom of too much liquidity demand from the FX swaps market.
Read more...Data supports the idea that lax monetary policy contributes to bubbles. Yes, Virginia, some regard that claim as controversial.
Read more...A meaty new paper by Michael Hudson.
Read more...Mike Isaac’s Super Pumped!, a new book on Uber, draws fundamentally false conclusions about the company.
Read more...The messy politics of the 48 state Google anti-trust investigation.
Read more...Don’t trust business listings in Google Maps. They’re can be fraudulent, even dangerous.
Read more...A dubious proposal to continue over-reliance on monetary policy, this time with a quantitative easing scheme, instead of fiscal spending.
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