Category Archives: The dismal science

How Biden Can Win on the Economy: Stop Mass Layoffs

Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?

Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral

The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.

No Exit: Western Imperialism, Capitalism, and Industrialization

Is industrialization the original sin of both capitalist and Communist/socialist economic systems?

Europe’s New Fiscal Rules Harm Working People and Women, Boost Right-Wing Radicals

New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.

Yanis Varoufakis: Greece, EU Elections, Palestine & the International Order – JACOBIN Interview with David Broder

Varoufakis weighs in on topics of keen interest: the looting of Greece, then and now, the European left, and Palestine.

IMF, in a Quiet Slap to the US, Urges Non-Alignment in Second Cold War

When you’ve lost the IMF…..

Mapping the Economic Costs of War

Looking at the economic impact of war on neighboring countries, including ones not part of the theater of conflict.

Why Are Their Lordships So Frightened of Modern Monetary Theory?

Efforts are underway to discredit modern monetary theory in the UK.

Michael Hudson: Marxism, Economic Parasites, and Debt Cancellation

Michael Hudson in a bracing talk, including history of crises, the role of debt, and how ancient Greek and Roman law promoted inequality

Inflation and Power

Why the Fed’s approach to inflation has the main effect of reducing labor bargaining power, which is seldom the real problem.

Economic Solutions: How To Go from Financialized Neoliberalism to a Productive, Sustainable Economy

Some concrete proposals for how to slip the yoke of neoliberalism and start building a fairer and more functional economy.