Tag: Economy

Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s new book And Forgive Them Their Debts

By John Siman To say that Michael Hudson’s new book And Forgive Them Their Debts: Lending, Foreclosure, and Redemption from Bronze Age Finance to the Jubilee Year (ISLET 2018) is profound is an understatement on the order of saying that the Mariana Trench is deep. To grasp his central argument […]

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Gaius Publius: Amazon Rips Off 238 Cities, States and Provinces, Then Builds in NYC and DC

By Gaius Publius, a professional writer living on the West Coast of the United States and frequent contributor to DownWithTyranny, digby, Truthout, and Naked Capitalism. Follow him on Twitter @Gaius_Publius, Tumblr and Facebook. GP article archive  here. Originally published at DownWithTyranny Andrew Cuomo’s priorities (source) The world’s leading monopolists, Jeff […]

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CalPERS Abandons One Part of Private Equity Scheme, Changes Another, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong

CalPERS has abandoned the part of its private equity “new business model” that it tried to implement, a “fund of funds” scheme that we has criticized as likely to hurt returns and corrupt-looking how it was being implemented. However, CalPERS has changed the spin but not the substance of what […]

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