The Execution of the CFPB: Capitalism Survives Another Attempt to Save It
A discussion of Elizabeth Warren’s naivete about the predatory nature of capitalism.
Read more...Category Archives: The dismal science
James K. Galbraith Discusses His New Book, Entropy Economics, Plus DOGE, Bitcoin and Tariffs
A wide-ranging talk with Jamie Galbraith on his book, Entropy Economics, which focuses on the neglect of real resources, and recent events.
Read more...Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis
Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
Read more...UK Economy Falters as Pound Sterling Continues to Slide
Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Read more...How Is It That xAI’s (Naïve) Grok Does Not Reveal that xAI is a Public Benefit Corporation?
Lambert annotates a Grok transcript.
Read more...The One-in-a-Thousand-Day Problem
AI’s ability to handle complexity and respond rapidly means future crises are likely to be much more sudden and vicious than those we have experienced so far.
Read more...Why Do We Have a Mental Health Crisis?
Why neoliberalism is a major cause of mental health problems.
Read more...Michael Hudson: Foreward on Schurtz’s Origins of Money
Michael Hudson explains how Heinrich Schurtz’s 1897 Origins of Money debunked neoclassical fables about how money started and developed.
Read more...It Is Possible to Have a Flat Tax, or to Have Democracy, but Not Both
Why a flat tax is yet another scheme to further enrich the rich and weaken the political power of ordinary citizens.
Read more...Rebooting Antitrust’s Economic Theory to Focus on Social Welfare
New Brandesians oppose the flawed mainstream antitrust “consumer welfare” theory. A social welfare standard would be even better
Read more...The Increasing Cost of Buying American
Looking at the costs versus purported benefits of programs that require or encourage Federal agencies to purchase American products.
Read more...Civil Society, Beyond Markets and States: Tracking 100 Years of Economic Research
A substantial shift in the focus of economic research over the last half century has for the most part gone unnamed and unnoticed. This is the turn towards what we call civil society, including firms as organisations, families, neighbourhood communities, NGOs, trade unions, social movements, identity groups, and other face-to-face settings.
Read more...Bad Samaritans in Foreign Aid
Who’d have thunk it? The notion that foreign aid might be self-interested looks to novel, at least among economists.
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