In his new book, “J is for Junk Economics,” the renegade economist analyzes the language technocrats use to pass off our age’s prevailing economic theory as something other than a blueprint for state-sanctioned pillage.
To learn about the topics that interested me most as a young economist, I had to leave university and go to work for banks.
After a tenuous ceasefire was brokered in Minsk last week, the fate of Ukraine is now shifting from the military battlefield back to the arena that counts most: international finance.
Michael Hudson, an economist at the University of Missouri-Kansas City, says the terms attached to the loans made by the IMF to Ukraine are likely to turn its people into penniless serfs of international banks.
If the federal minimum wage had kept pace with changes in worker productivity, busboys and baristas would be making at least $21.72 an hour today, according to a study by the Center for Economic and Policy Research.