Michael Hudson: Killing the Host will be published in German at the end of the month of November. Basically, it’s a more popular version of … Historical Path to Global RecoveryRead more
Economics
Part-time work becoming new normal
What this report finds: An ongoing structural shift toward more intensive use of part-time employment by many employers is driving the elevated rate of involuntary … Part-time work becoming new normalRead more
Trump Business Conflicts
Robert Weissman talking: unprecedented in American history. And it’s plain enough that the president-elect doesn’t really care about it. He has a global business empire, … Trump Business ConflictsRead more
Oxfam Report on Rent Seeking Among the Top Wealthy Reinforces Neoliberal Shibboleths
It’s frustrating to see a group that is dedicated to good causes, and has chosen a deserving target, go off the rails in trying to … Oxfam Report on Rent Seeking Among the Top Wealthy Reinforces Neoliberal ShibbolethsRead more
Breaking the Big Banks
William Black, Paul Hodes
What Exactly is Full Reserve Banking?
The definition of full reserve banking can be a source of much confusion and consternation. The confusion revolves around the definition of “reserve ratio”. Normally, … What Exactly is Full Reserve Banking?Read more
People does not want commercial banks to stay responsible for creating most of the money
More than 23,000 people in 20 countries were asked about who they think actually creates 95% of the money in circulation and who they think … People does not want commercial banks to stay responsible for creating most of the moneyRead more
Wall Street Sets Political Outlay Record
Wall Street will set still another record for political spending this election cycle. So far in 2015 and 2016, banks and financial interests have put … Wall Street Sets Political Outlay RecordRead more
Uber UK verdict highlights super-exploitation through “self-employment”
A UK employment tribunal has ruled that Uber––the £50 billion [$US62 billion] app-based taxi service company––can no longer treat its drivers as self-employed and should … Uber UK verdict highlights super-exploitation through “self-employment”Read more