Another tour de force by Michael Hudson on how debt dynamics create oligarcies, how the Fed stoked thebank crisis, and the multipolarity push.
Economic fundamentals
Tackling the climate crisis effectively requires a shift from market fetishism to a more fair and sustainable global economy
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.
The US trying even harder to tout the virtues of its ideas of democracy is not winning friends or influencing people.
The economic effects of the massive French strikes are starting to extend beyond France, although so far in a limited way. Is more to come?
The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”
An overview from Michael Hudson's new book, The Collapse of Antiquity, which extends his analysis of how debt creates an entrenched elite.
Bank fundamentals do not look likely to get better any time soon, yet the Fed seems determined to make matters worse.
Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking