Articles in Economics
‘Freakonomics’ Was Neoliberal Bullshit
A look back at the bestselling book franchise that taught people to “think like economists,” by which it meant “think cynically and amorally.”
Pandemic Social Spending Was a Remarkable Success That Showed What Authentic Social Democracy Could Be Like
Government social spending dramatically reduced poverty, hunger, and inequality and led to increased wages, showing why we need more of such spending, not less.
The Federal Reserve Exists to Protect The Economic Status Quo
What is the Federal Reserve, and who put it in charge? Is there no other way to fight inflation? Just what the hell is going on here?
Every Libertarian Becomes a Socialist The Moment The Free Market Screws Them
If the rich customers of Silicon Valley Bank deserve to be protected from economic hardship by the government, what about the rest of us?
Is Netflix Doomed?
Streaming video on demand now offers an absurd amount of content over multiple platforms. Could the industry be headed for bust?
When Will Congress Vote to Condemn The Horrors of Capitalism?
The House, including many Democrats, recently voted to condemn the economic system that ISN’T screwing us right now.
How The Financial Industry’s ‘White Wall’ Maintains the Racial Wealth Gap
New York Times reporter Emily Flitter explains the workings of systemic racism in finance.
How Euphemistic Corporate Language Aided Purdue Pharma’s Role in the Opioid Crisis
Corporate jargon is full of empty phrases and endless metaphors. But lurking underneath is the dark reality of how this language facilitates corporate profits at the cost of human lives.
The Entirely Predictable Collapse of FTX Exposes the Failures of Regulators and Journalists
The most ‘respectable’ of the crypto billionaires was just another fraudster. When will journalists stop hyping this industry? When will regulators protect consumers from getting ripped off by the next Ponzi scheme?
The Death of “Econ 101”
Using labor markets as a case study to show how the standard ‘econ 101’ story is misleading at best and flatly contradicted by the evidence at worst.
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