Free markets and their discontents

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Why Does Inequality Produce High Crime and Low Trust?

Published by Anonymous (not verified) on Sat, 23/01/2021 - 10:50pm in

Why bad conduct is more prevalent in societies with high inequality.

COVID-19 Is Pushing Migrants Back to Their Home Countries

Published by Anonymous (not verified) on Fri, 22/01/2021 - 10:17pm in

With Covid-19 driving many migrants to return to their countries of origin, governments need to implement better reintegration plans.

The Next Neoliberal President…

Published by Anonymous (not verified) on Fri, 22/01/2021 - 9:00pm in

A clear eyed and therefore not cheery look at where President Biden is set to take the US.

What Can Sanders Do as Budget Chair? – Rob Johnson

Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?

Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control

Published by Anonymous (not verified) on Thu, 21/01/2021 - 1:55am in

Not your grandmother’s “yield curve control.” Only one thing that could force this ECB absurdity to end: a big bout of inflation.

Wikipedia: The Overlooked Monopoly

Published by Anonymous (not verified) on Wed, 20/01/2021 - 9:45pm in

Low-quality anonymous "editors" combined with a Google tie-up turned an interesting experiment into an overlooked but destructive monopoly.

“They Left Us Starving”: How the Fashion Industry Abandoned Its Workers

Yves here. Many associate sweatshops in Sri Lanka and Bangladesh with “fast fashion,” aka the close-to-disposable frocks made by the likes of H&M. As this article explains, the use of ultra-cheap labor extends much further up the fashion food food chain. And these poorly-paid workers get thrown to the curb when orders fall off. By […]

The Pain of Service Crapification

Published by Anonymous (not verified) on Tue, 19/01/2021 - 9:54pm in

How Covid is extending the reach of crapification.

The Merits of Fire Sales and Bailouts in Light of the COVID-19 Pandemic

Published by Anonymous (not verified) on Mon, 18/01/2021 - 5:54pm in

Fire sales are not as detrimental as executives desperate to save their jobs would have you believe. That means bailouts may be overdone.

Lessons From the 6 January Capitol Insurrection

Published by Anonymous (not verified) on Sat, 16/01/2021 - 10:10pm in

Musing about the drivers of the Capitol seizure.