[unable to retrieve full-text content]Transcript of an interview between Ania and Michael Hudson. The interview took place on December 29, 2023. ANIA: Hello everyone, welcome back to my channel. It looks like we are live and we are a few seconds before time, so a little bit better than Swiss precision. Today I have for the second time a Continue Reading The post Predictions 2024 first appeared on Michael Hudson.

Marx Reveals Source of Capitalist Profit

ISM manufacturing index remains in contraction, and the trend in vehicle sales may have turned down as well by New Deal democrat The ISM manufacturing index, where any value below 50 indicates contraction, once again came in negative for both the total index, at 47.4, and the more leading new orders subindex, at 47.1. Both have been indicating contraction for more than a year: Which begs the question. Because, despite a nearly flawless 75...

Why yours truly is a critical realist What properties do societies possess that might make them possible objects of knowledge for us? My strategy in developing an answer to this question will be effectively based on a pincer movement. But in deploying the pincer I shall concentrate first on the ontological question of the properties that societies possess, before shifting to the epistemological question of how these properties make them possible objects of...

Dollar eases as Fed minutes offer few clues on rate cuts timeline, MSN, Markets Today Tags: monetary policy

Universities' Secret Commercialization Agenda Exposed

.[embedded content]

from James Galbraith and RWER current issue An economic theory that is consistent with life processes and physical laws is necessary for a simple reason:  the economic theory that underlies modern “mainstream” economics and practically all textbook teaching in economics is not consistent with life processes and physical laws. And this is a problem. Human beings are living organisms. All human activities, including mental activities, are consistent with physical laws. It is natural to...

An Updating of Medicaid disenrollments in the nation. Clicking on this tab – state data will take you to individual state numeric. Some states attack the issue of disenrollment with a relish even when the federal government is picking up most of the tab to enroll them. In the end, they will still show up at a hospital to be treated. Andrew Sprung and I exchanged a few comments the other day. My suggestion was to enroll people automatically into...

Having gone from trump to Biden. a person who I thought would never make a good president makes Steve’s argument on Bad Government being the problem when trump was the president. Asymptosis » Government is Not the Problem. Bad Government is the Problem, Steve Roth. And the solution to bad government is … good government. A lot of people — maybe even most Americans — think that making government smaller will make it better. But that...