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Posts tagged "Free markets and their discontents"

UNCTAD as the Battleground for Role of the State, Trade Policy

We've featured past Real News Network segments on the United Nations Conference on Trade and Development. UNCTAD has increasingly become a forum for struggles between advanced economies and developing economies over what the rules of the road should be in trade. UNCTAD was early to call the benefits of financialization into question, and has also...

Michael Hudson: Paul Krugman’s Economic Blinders

By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City and a research associate at the Levy Economics Institute of Bard College. His new book summarizing his economic theories, “The Bubble and Beyond,” will be available in a few weeks on Amazon. Paul Krugman is widely appreciated for his New York...

Yes Lab Gives US Trade Negotiators “Corporate Power Tool” Award

The Yes Lab is a is brainstorming/training effort associated with the Yes Men to help activists subject people in positions of influence to well deserved ridicule. Aquifer highlighted their latest project, which was infiltrating an award ceremony for a trade group in Dallas and bestowing their own prize.

Robert Shiller is Wrong

By David Llewellyn-Smith, the founding publisher and former editor-in-chief of The Diplomat magazine, now the Asia Pacific’s leading geo-politics website. He is also the co-author of The Great Crash of 2008 with Ross Garnaut. Cross posted from MacroBusiness The American academic Robert Shiller has taken another contrarian tack with his latest book Finance...

Europe’s Problems Multiply

Yves here. Notice how someone in the officialdom actually said "There is no alternative". Nothing like being explicit.

By Delusional Economics, who is horrified at the state of economic commentary in Australia and is determined to cleanse the daily flow of vested interests propaganda to produce a balanced counterpoint. Cross posted from MacroBusiness.

Overnight, Greek Leftist...

Dan Kervick: The Political Economy of Citadella

Yves here. Readers seem to like Kervick's storytelling format, and he seemed to take NC readers' suggestion to heart regarding making it a bit more compact next time. By Dan Kervick, who does research in decision theory and analytic metaphysics. Cross posted from New Economic Perspectives Imagine a world and a society in which 500 people...

Bill Black: New York Times Reporters Need to Read Krugman’s Columns

strong>Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Cross posted from New Economic Perspectives. To know the Washington Consensus as a regular citizen is to hate the Consensus.

Shale Gas Hype: Subprime 2.0?

If my RSS reader is any guide, most of the press about shale gas has focused on two issues. First, shale gas is in considerable supply, cheap to produce, and burns far cleaner than other fossil fuels. Second, shale gas does not look so hot environmentally, all in. Fracking can pollute ground water (and potable...

Philip Pilkington: Democrats vs. Technocrats – Son of Neoliberal Economist who Manufactured Policies that Led to Argentina’s Default is the Source of Contrary Statistics on Inflation

By Philip Pilkington, a writer and journalist based in Dublin, Ireland. You can follow him on Twitter at @pilkingtonphil

We know accurately only when we know little, with knowledge doubt increases. – Goethe

There is a great deal of truth contained in Goethe’s old refrain. The fewer facts we possess the more certainty we are likely to have....

Philip Pilkington: Democrats vs. Technocrats – Son of Neoliberal Economist who Manufactured Policies that Led to Argentina’s Default is the Source of Contrary Statistics on Inflation

By Philip Pilkington, a writer and journalist based in Dublin, Ireland. You can follow him on Twitter at @pilkingtonphil

We know accurately only when we know little, with knowledge doubt increases. – Goethe

There is a great deal of truth contained in Goethe’s old refrain. The fewer facts we possess the more certainty we are likely to have....

Adam Davidson Parrots Disinformation as He Extols Rule by the Top 0.1%

Adam Davidson is moving up in the world. He has gone from fellating the 1% to the top 0.1%.

Reining in Finance and the Effort to Silence a Critical UN Agency

This Real News Network segment gives a window into the efforts to squash criticism of the neoliberal orthodoxy in the world of international agencies. Even though the UN Conference on Trade and Development (UNCTAD) gets very little attention in the ma...