Bailouts: Central Planners and Economy

from Dean Baker David Wallace-Wells had a column discussing the trip by Javier Milei, Argentina’s new president, to the World Economic Forum (WEF) in Davos, Switzerland. The WEF is an annual gathering of many of the world’s richest people, where they also invite politicians, academics, and others who they think may amuse them. According to Wallace-Wells, Mr. Milei definitely fits into that category. The piece talked about how Milei calls himself as an anarchist, with the government just...

Challenging Neoclassical Theory in Capitalism

Brief recital of the costs and efforts of hospitals getting reimbursed by commercial healthcare insurance. It appears to be worsening. And the efforts to collect are costly. A Survey of Healthcare Insurance Practices Survey Methodology – 304 respondents, representing 772 hospitals, completed the survey. Not every respondent answered each question. All respondents are members of the American Hospital Association.– Web-survey...

by Christina Clark Iconic Detroit writer and activist John Sinclair died on Tuesday morning at the age of 82 after spending two weeks at DMC Detroit Receiving Hospital for declining health. His cause of death was congestive heart failure, his publicist told the Detroit News.  An advocate for his art, Sinclair served as the manager for MC5, a rock band from Lincoln Park, between 1966 and 1969, and was well-known for his support of the Civil...

Like Gordon Gekko said, the most valuable commodity there is, is information.

 – by New Deal democrat The Bonddad Blog The JOLTS report for February showed stabilization or slight improvement to all but one of its components, generally suggesting, well, stabilization in the overall jobs market. Starting with the monthly changes, job openings (blue in the graph below), a soft statistic that is polluted by imaginary, permanent, and trolling listings, increased 8,000 from a sharply downwardly revised January number to...

Not 100 percent here. You will have to travel to the rest of the story to get the complete version of the Summary and My Take by Kareem Abdul-Jabbar’s Official Newsletter on recent events. It is interesting and there is enough here to draw a conclusion. 1 When night came, the white waves rolled back and forth in the moonlight, and the wind brought the sound of the great sea’s voice to the men on the shore. And they felt that they could then...

Podcast and transcript.Money on the Left — MR OnlineEconomic Democracy with Pavlina TchernevaScott Ferguson and William Saas  interview Pavlina Tcherneva

Uncovering the Roaring Twenties Bubbles