Obviously the only thing any reasonable person would do is point and laugh at the Republicans. I am not that reasonable person, so I will try to think of a solution. Obviously one very boring possibility is that the Republicans will finally get their act together and elect a speaker. This is the most likely outcome, but very far from optimal. The other possibility is that a speaker will be elected by a bipartisan majority like the majority...

17th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. Video and transcript.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismMultipolarity: China, Russia, Israel, India, and the difficult birth of a new worldMichael Hudson, Radhika Desai and Pepe Escobar

I first became a history autodidact in my 20s, trying to understand the difference between my worldview and those of my parents and in-laws. >100 histories and biographies later, I have a great appreciation of just how awful the 20th century was. In my lifetime, I remember political assassinations, race riots, the Vietnam war, recessions, 9/11, the anthrax scare and the US invasion and military occupation of Iraq. Not to mention COVID-19, which is...

This is a portion (1 of 6 observations) of a much longer Employer Healthcare Benefits article which would have been impossible to feature in entirety at AB. If I did so, much of it would probably go unread. I was interested in how much concern employees have about company healthcare insurance costs. In particular, I was looking at what employees thought about their plans and its affordability as show in chart 6. Costs, Inflation and Affordability...

Transcript. Originally broadcast at New Rules on Rumble.Naked CapitalismRussia, China Unite Against US EmpireDmitri Simes, Jr. interviews Michael Hudson

[unable to retrieve full-text content]“Multipolarity: China, Russia, Israel, India, and the difficult birth of a new world,” Geopolitical Hour, October 19, 2021.   RADHIKA DESAI: Hello and welcome to the 17th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And Continue Reading The post Multipolarity: China, Russia,...

Initial claims on the cusp of turning lower YoY  – by New Deal democrat Initial jobless claims dropped below 200,000 last week for the first time since January, and not too far from the 50+ year low of 182,000 set in September one year ago. Specifically, they declined -13,000 to 198,000. The four-week average declined -1,000 to 205,750, the lowest since February. Contrarily, with the usual one-week lag, continuing claims rose 29,000 to 1.734...

Lex Fridman: Money creation a lie?

Putin, Xi and the guests at the Belt and Road Forum made it quite clear this is essentially about new commodity supply chains; new and improved Maritime Silk Roads; and bypassing Western-controlled choke points – as the (attached) map shows. It’s all leading to an interconnected maze featuring BRI, BRICS, EAEU and SCO.The Russia-China-led BRICS 11 – and beyond (Putin gave a hint that Indonesia will become one of the new members in 2024) is already turning all Mackinder-drenched fantasies...

A Chance to Modernize Health Care behind Bars, Section 1115 Medicaid Inmate Exclusion Waivers | NEJM, Brendan Saloner, Ph.D. California and Washington are the first states to receive waivers from the Centers for Medicare and Medicaid Services (CMS) regarding the Medicaid Inmate Exclusion Policy. The policy generally prohibits Medicaid from paying for health care for people who are incarcerated. That being said, ~2 million Americans were...