>"Apple, Amazon, Tesla… We like to prostrate ourselves to the altar of innovation. So much so, in fact, that we tend to forget that just one catastrophically bad _...Read More_

China in the early 21st century is indeed similar to America in the 20th. _...Read More_

"Harold James shows how episodes of price instability can both reflect and accelerate broader systemic breakdowns."

"On the enmity between human bondage and capitalism."

"Popular critiques of financial deregulation often blame the City of London’s excessive political influence. But financialization wasn’t imposed on capitalism by elite plotting — it was a political response to its inherent crisis _...Read More_

>""The dubious constitutionality of the Federal Reserve System set up in 1912 might have been overlooked if it had provided price stability, lower unemployment, or enhanced _...Read More_

"The European Union’s recent agreement to issue joint debt to support post-pandemic economic recovery represents an unprecedented step toward deeper integration. But the success of the effort will depend on how the financial relief is _...Read More_

"A recent viral news story reported that a generation of young men is abandoning college. The pattern has deep roots."

>"Over seven million people across the U.S. will lose their unemployment benefits beginning on Monday as pandemic safety nets expire."

"Central bank independence was formally instituted in many economies in the 1990s and is often associated with the 'Third Way' of that decade. But CBI has a much longer history"

"There is more money in existence today than there has ever been in the history of money. Where did all those new dollars go?"

"In the twentieth century, the post-revolutionary Mexican government drew up ambitious plans to transform the world economic system for the benefit of the Global South. Their failure helped turn Mexico itself into a laboratory for _...Read More_

"Why a workers’ rebellion in 19th-century England is relevant in the age of data extraction, gig labour and management by algorithm."

"It's a right-wing commonplace that Hitler did "some good things." But his economic boom paved the way to genocide"