Finance
Julia Conley – US Court Rules Google a Monopoly in ‘Biggest Antitrust Case of the 21st Century’
A significant verdict, but will it really bring Google to heel? In ‘Common Dreams’. Read the article HERE.
Monopolies
Finance
Michael Roberts – Crowd strikes out
We need to bring into public ownership the Magnificent Seven of social media and tech companies currently led and controlled by multi-billionaires Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted […]
Economics
Vulture Capitalism by Grace Blakeley
Grace Blakeley is a media star of the radical left-wing of the British labour movement. She is a columnist for the left-wing journal, Tribune, and a regular panellist on political debates in broadcasting – often […]
EU politics
Scott Lavery – Europe’s Core
Germany in particular is highly exposed to geoeconomic rivalry around key technologies such as semiconductors. The EU’s attempts to protect its industrial core are not convincing. In New Left Review’s ‘Sidecar’. Read the article HERE.
Food Production
Alex Park – Revealed: How Development Banks Underwrote Fast Food’s Global Takeover
From South Africa to Ukraine, five industrial chicken companies that supply KFC have benefited from financing from the World Bank Group and the European Bank for Reconstruction and Development. Alex Park is a journalist and researcher based in California Cross-posted […]
Economics
Mariana Mazzucato, Tim O’Reilly, Ilan Strauss, Rufus Rock – To understand the risks posed by AI, follow the money
The key to understanding technological development is to look at the economic incentives the technologists have. All fourth authors are researchers and professors at the University College of London. Cross-posted from The Conversation Time and […]
Financial Institutions
Darren Bush, Mark Glick, Gabriel Lozada, Hal Singer: Overdraft Fees, Credit Card Late Fees, and the Lump of Profit Fallacy
Predetermined profit margins and prices hidden in the back end of a transaction are really just market failures. Read HERE Photo: Scheinwerfermann/Public Domain
Deregulation
Costas Lapavitsas – Drifting toward world war
“The emerging hegemonic contest has no ideological content but is driven entirely by capitalist economic interests.” Costas Lapavitsas is Professor of Economics at the School of Oriental and African Studies andconvenor at European Research Network […]
Austerity
Michael Roberts – The State of Capitalism
“The State of Capitalism is an exercise in hard analysis and there is much to learn and debate. In that sense, the book is a must read…” Michael Roberts is an Economist in the City of […]
Lobbying
Lynn Parramore – Experts: Negotiating Big Pharma’s Prices Won’t Stifle Innovation—They Don’t Use the Money to Innovate!
Industry lobbyists vehemently oppose Medicare drug price negotiations. However, physician-scientist Fred Ledley and economist William Lazonick debunk their arguments. Lynne Parramore is Senior Research Analyst at the Institute for New Economic Thinking Cross-posted from the […]