markets
An Expansion of Terms Used in the Coffee Party Article by RP (tags)
I apologize for the weak structure in this article. I was hoping to write something that explained some of the material in the story, but ended up going a bit afield with the information. This article attempts to be neutral and nonpartisan, or at least not shrill, and avoids too much analysis. The nature of the Great Recession is difficult to sum up in a few pages, because it's a failure of a complex system with many parts, and many related behaviors, that led to the near-collapse of capitalism.
Reviewing Danny Schechter's "Plunder" (tags)
A masterful account of the subcrime crisis.
Economic troubles are broad, deep and worrisome.
The Legal Criminality of Finance Capitalism (tags)
The market mechanism, the Keynesians say, is not efficient or balanced. Charles Ponzi was one of the greatest swindlers of American history. Instead of the capitalist economy holding the strings of politics, politics could use economic power to create new realities.
Market Efficiency Hokum (tags)
Debunking the myth that free markets work best.