Despair about the state of our politics pervades the political spectrum, from left to right. One source of it, the narrative of fairness offered in … 1% Politics and the Scandals of A New Gilded AgeRead more
Economics
Posted inEconomics / Finance / ToMl
Cash motivate people to spend less
Researchers have known for years that parting from cash can be a psychologically painful experience for many people — much more so than spending money … Cash motivate people to spend lessRead more
Posted inEconomics / Politics / ToMl
Money Talks, Big Time
Despair about the state of our politics pervades the political spectrum, from left to right. One source of it, the narrative of fairness offered in … Money Talks, Big TimeRead more
Posted inEconomics / ToMl
Up in Arms
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: A New “Reality Economics” Curriculum Is Needed (Part 4) Cross-posted from Naked Capitalism … Up in ArmsRead more
Posted inCo-op / Economics / ToMl / Worker
Degeneration and Regeneration of worker-owned businesses
Probably one of the most important research articles on worker ownership was published by Tal Simons and Paul Ingram: “Organization and Ideology: Kibbutzim and Hired … Degeneration and Regeneration of worker-owned businessesRead more
Posted inEconomics / Politics / ToMl
The DNA of Western civilization is financially unstable
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: (Part 3) Cross-posted from Naked Capitalism By John Siman, who is also the … The DNA of Western civilization is financially unstableRead more
Posted inCourt / Economics / Law / ToMl
As the world meets to discuss ISDS, many fear meaningless reforms
This week, delegations from around 100 countries are meeting in New York to discuss investor-state dispute settlement (ISDS). ISDS is a provision in more than … As the world meets to discuss ISDS, many fear meaningless reformsRead more
Posted inEconomics / Politics / ToMl
Capital Controls: The Policy Pendulum Just Keeps Swinging
Contrary to popular perception, both the developed and the developing countries have extensively used a variety of capital controls to restrict and regulate the cross-border … Capital Controls: The Policy Pendulum Just Keeps SwingingRead more
Posted inEconomics / Politics / ToMl / USA Empire
America’s Economy Is Unsustainable
The biggest economic story of our times isn’t about supply and demand. It’s about institutions and politics. It’s about power. The median annual earnings of … America’s Economy Is UnsustainableRead more
Posted inEconomics / ToMl
Mixed economies and monopoly
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: Mixed Economies Today, Compared To Those Of Antiquity (Part 2) John Siman: Could … Mixed economies and monopolyRead more