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…
(Like the original Magnum Force, this post is a sequel to the first Dirty Harry.) Of all of Clint Eastwood’s “Sympathy for the Other” movies, Invictus was the most popular in…
Well, I don’t really read a Sunday newspaper anymore. Either they’ve been driven out of business by the internet or intellectually eviscerated by corporate centralized ownership. But I’ve been kicking…
There’s a new story out today from Julia Wong of In These Times about how Twitter’s headquarters in San Francisco “have become a symbol of gentrification and displacement for housing activists…
UC Berkeley’s Labor Center has published a new study on the role public subsidies play in the business model of fast food chains like McDonald’s, Burger King, and Wendy’s. Like…
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…
The current metaphor of “the fiscal cliff” marks the return of a few common tropes in American politics. First is the latest incarnation of what Naomi Klein has referred to…
I don’t usually watch the Olympics much. Not because I don’t enjoy the events, but because NBC usually feels compelled to shovel forklifts of “human interest” stories down your throat…
