Yves here. Richard Murphy’s observations about QE hitting its limits are clearly relevant to the US. Sadly, things will have to get worse before ideas like a job guarantee or Green New Deal-type work schemes even get a hearing. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian […]
Saturday, July 19, 2025
How America’s Covid-19 Rescues Look Set to Increase Inequality
Why the Covid-19 bailouts are coming at a high social cost.
The Costs Of Safely Reopening A High-End Restaurant
A restaurant case study.
The Police Weren’t Created to ‘Protect and Serve.’ They Were Created to ‘Maintain Order.’ A Brief Look at the History of Police in America
America’s police started out as muscle deployed against labor organizers.
2:00PM Water Cooler 6/18/2020
Global COVID-19 stats ~ Biden delivers speech successfully ~ Sanders influence tested ~ Trump’s plans for Tulsa ~ Supreme Court DACA decision ~ Karens re-considered ~ Employment, manufacturing ~ Casinos going cashless ~ Zombie companies ~ Asymptomatic COVID ~ Imperial cats
Italy Once Again on the Eurozone Worry List
A new tsunami of bad debts washes ashore in Italy while banks are still struggling with the debris from the prior deluge of bad debts.
8 Reasons Why Covid-19 Damage to the Economy Will Be Deep and Lasting
Why the economy is still mighty sick and won’t get much better any time soon.
More on Frank Partnoy’s Misguided Take on Collateralized Loan Obligations
No, collateralized loan obligations are not about to wipe out banks, and Frank Partnoy should have focused on real risks, like destruction of productive capacity.
Meritocracy Legitimizes, Deepens Inequality
Why meritocracy ain’t what it’s cracked up to be.
2:00PM Water Cooler 6/17/2020
COVID-19 in Florida ~ 2020 electoral map ~ Biden and Hispanic voters ~ Trump in Tulsa ~ Amy McGrath ~ Woke insurance ~ Warehouse demand ~ Restaurant cash crunch ~ Container collapse ~ Stranded crews ~ COVID-19 vaccine ~ Microbiome of the nose ~ Black Lives Matter leaderless ~ The Third Precinct ~ Ruth Wilson Gilmore ~ The Death Star ~ Feral hogs
Reviving the Economy, Creating the ‘New Normal’
Covid-19 rescues will reshape the economy, as we see in the US, with fat cats getting fatter. Will other countires make sounder choices?
Automation, Globalisation, and Vanishing Jobs
A new take on how automation and offshoring affect employment.
