Michael Hudson has a new book out so I thought it was high time I posted some thoughts I’ve been meaning to write up about his last one, The Bubble…
Today the Real News Network, who I encourage you to support during their current drive to win a matching gift, is reporting that “the Michigan strategic fund has decided to…
Continuing this series on the publicly funded nature of so called private enterprise in this country…. Sometimes subsidies know how to disguise themselves. Blackwater’s defense contracts bring them direct cash…
(This is a follow up to the post Secrets of the Temple.1: More Than a Doorstop, dated 1/13/13.) As I wrote in my first post on William Greider’s history of…
The operations of the Federal Reserve board are notoriously shrouded in mystery. Technocratic decisions on monetary policy that supposedly need to be protected from the fickle pressures of politics are…
Sometimes the mark of a good book is how it crops back up in your mind a few months or years or even many years after you first read it. …
Ever wonder why you get so many credit card offers from banks in South Dakota? You know, those loud envelopes with low introductory APR’s that turn around and clobber you…
“We’re used to assuming that capitalism and markets are the same thing, but as the great French historian Fernand Braudel (at left in this post) pointed out, in many ways…
Last week I finished a book I really liked called Debt by David Graeber, (Melville Press.) The author is an anthropologist and an activist who has been involved with the…