We should create policy on the basis of the worst case scenario that the electoral system is run by a criminal class, and create checks and balances that prevent the crooks from taking over voting and corrupting the results.
Read more...Taxpayers foot the bill for medical research, but drug companies profit. We need a new R&D model to stop this rentierism.
Read more...Why to be wary of Larry Summers selling another Volcker-type “kill the economy to save it” interest rate jihad.
Read more...The “collective West” is remarkably attached to sanctions that have hurt them more than Russia. The oil price cap is next in this pattern.
Read more...Many countries see the Russia challenge to Western economic dominance as an opportunity to rewrite the rules of global trade in their favor.
Read more...Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.
Read more...The Montreal Protocol — designed to save the ozone layer — is also averting other global warming/climate damage.
Read more...It isn’t surprising that IMF funds to Ukraine are lost in action. What is surprising is the IMF isn’t pretending to care.
Read more...What if Russia is the only country that can get Ukraine back on its feet in any reasonable time frame?
Read more...What level of climate pain will it take to stir advanced countries out of their complacency?
Read more...Why is Germany in thrall to the US, to Germany’s great detriment? A historical analogy provides some insight.
Read more...Tensions continue to rise between Türkiye and NATO with the EU threatening Ankara with secondary sanctions over its dealings with Russia and Washington using Greece and Cyprus to pressure Türkiye.
Read more...Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.
Read more...Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.
Read more...Some serious whinging from Japan about the supposedly new and improved oil and gas sanctions on Russia.
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