The billionaire class lost wealth in 2022 but it didn’t put a dent in their luxury spending. More money for billionaires doesn’t buy them more things, it buys them more political power. Sam Pizzigati writes on […]
Nicholas Aiossa from Transparency International explains what’s behind the “culture of impunity” at the European Parliament and proposes reforms to address it. Cross-posted from Green European Journal Green European Journal: Greek socialist MEP and vice […]
In a new podcast, every fortnight economies Radhika Desai and Michael Hudson will discuss major developments in the fast-changing world of geopolitical economy. In this first podcast, they introduce the themes they will discuss and […]
The common error here is an inability to see that products and systems must be resilient to human error simply because such errors are widespread and an inevitable part of the human condition. Read Here
Ukraine’s parliamentary committee on national security, defense, and intelligence summons top officials of the Defense Ministry to address journalists’ allegations that the ministry is buying food for the army at inflated prices. Ukrainian newspaper Zn.Ua […]
Odd that such articles are so rare, while those in mainstream media demanding more weapons, more death, more destruction, yet ignoring the possiblitiy of the use of nuclear weapons are like sand on the beach. […]
Conventional economics is built around the idea of opportunity cost. If there is a limited resource a decision has to be made about how best to use it. How is that principle applied when you […]
If we take the years 2019-23, China’s economic growth rate will have been at least three times as fast as the US and more than five times as fast as the EU So where is […]
Michael talks about the current global political economy, oil prices, debt jubilees, monetary hegemony, and the US political parties. When asked for solutions, his answers might be troubling to some. It’s worth hearing him out. Listen […]
The Catalans believed in the supposed liberal values of the EU in their struggle for independence from Spain. If they are a bit wiser in the meantime is questionable, but they certainly are having their […]
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