Fearless commentary on finance, economics, politics and power

Will the “impeachment inquiry” culminate in a coup, or not?

So close to our fundraiser targets! Will you be one of the ones to push us over the top?

Capital and Ideology is a quantitative history of inequality, a largely noneconomic theory of social stratification, an investigation into the social roots of current populism, and a political manifesto for the European left.

Final hours for our fundraiser! Please chip in if you haven’t already!

It looks as if Johnson has no way to escape asking for a Brexit extension. Or does he?

An Australian example of cancer treatment puts US health care to shame.

PG&E’s bankruptcy woes, possibilities for a more resilient grid, and “androgenic, systemic, multiplex, seriously bad sh*t” (The Jackpot).

There are conditions under which governments can create money—or debt—without fear of inflation or excessive debt burdens. There are other conditions under which debt or money creation can lead to inflation and balance sheet problems.

Colonel Smithers describes how the Square Mile has changed for the worse and how that wound up making Naked Capitalism part of his daily routine.

A proposal to fix income-based repayment schemes for student loan debt unwittingly illustrates the deficiencies of “preserve the status quo” approaches.

Why the left needs to stop being naive about the economic uses of migration.

Today’s Water Cooler: