Michael Hudson looks at Biden and his administration and finds not much to like.
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Thursday, September 18, 2025
Michael Hudson Discusses the Economic Winds of [Non] Change Under Biden on Radical Imagination
Topics: Guest Post
Posted by Yves Smith at 5:19 am | 30 Comments »
Housing and the American Dream: Is A House Still a Home?
Single-family home-ownership—elusive for many today—is an aspiration we ought to abandon.
Topics: Doomsday scenarios, Free markets and their discontents, Global warming, Guest Post, Income disparity, Politics, Real estate, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:48 am | 105 Comments »
More Evidence That Private Equity Kills: Estimated >20,000 Increase in Nursing Home Deaths, 160,000 Life Years Lost Due to Cuts in Care
Private equity greed knows no bounds: their nursing home acquisitions generated a “serious” rise in deaths and fall in other measures of care
Topics: Free markets and their discontents, Health care, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 1:47 am | 4 Comments »
2:00PM Water Cooler 2/23/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 135 Comments »
An Ancient Greek Approach to Risk and the Lessons It Can Offer the Modern World
We aren’t all that good at risk assessment.
Topics: Dubious statistics, Guest Post, Risk and risk management, Social values
Posted by Yves Smith at 9:55 am | 34 Comments »
Links 2/23/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 167 Comments »
Scandal-Splattered UK Outsourcing Giant, Serco, Sets Sights on the Ultimate Gravy Train: U.S. Defense Contracting
The company has been repeatedly caught falsifying records, at times on a gargantuan scale. Now it is seeking opportunities in an industry where money routinely disappears in the trillions. What could possibly go wrong?
Topics: ECONNED, Guest Post, Health care, Privatization, UK
Posted by Nick Corbishley at 6:31 am | 16 Comments »
Why Behavioral Economics Needs Behavioral Biology: Avoiding Arms Races
Are behavioral economists really nudging people in the right direction?
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Market inefficiencies, Social policy, Social values, The dismal science
Posted by Yves Smith at 3:05 am | 15 Comments »
Deathbed Confession: FBI and NYPD Responsible for Malcolm X Assassination
US police forces at a minimum set up the conditions that allowed for Malcolm X to be killed. How far does their culpability extend?
Topics: Banana republic, Guest Post, Media watch, Politics
Posted by Yves Smith at 12:13 am | 56 Comments »
2:00PM Water Cooler 2/22/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 144 Comments »
FAIR Act: Will Congress Finally Complete the Project the CFPB Fumbled and Ban Mandatory Arbitration Clauses?
With the reported support of Biden, will Congress ban mandatory arbitration clauses in common consumer and employment contracts?
Topics: Banana republic, Guest Post, Legal, Politics, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 12:55 pm | 6 Comments »
Links 2/22/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:58 am | 132 Comments »
Sanders ‘Confident’ $15 Minimum Wage Possible Through Senate Reconciliation
“Raising the minimum wage to $15 an hour is not incidental to the federal budget and is permissible under the rules,” Senator Bernie Sanders says.
Topics: Banana republic, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 6:55 am | 39 Comments »
Hubert Horan: The Airline Industry Collapse Part 6 – U.S. Airlines Lost Over $35 Billion in 2020
The airline biz is on track to being America’s biggest welfare queen.
Topics: Banana republic, Doomsday scenarios, Dubious statistics, Economic fundamentals, Guest Post, Pandemic, Politics, Regulations and regulators
Posted by Yves Smith at 6:00 am | 33 Comments »
Google’s Dominance of Online Ads is a Big Deal. Here’s How to Fix It.
Legal scholar Dina Srinivasan talks to INET’s Lynn Parramore about reining in Google and restoring fairness to a regulatory Wild West.
Topics: Banana republic, Free markets and their discontents, Guest Post, Legal, Media watch, Regulations and regulators
Posted by Yves Smith at 3:13 am | 14 Comments »