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Out of the Shadows: Public Banking for Municipal Finance
In a recent essay, we advanced a proposal for sub-federal governments to sell municipal bonds to their own public banks. We took the city as our primary point of departure, but the same lessons are applicable to U.S. counties and states. Establishing a public bank that regularly purchases municipal debt, we argued, would not only significantly […]
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Why Amazon is terrified of Its U.S. workers unionizing
Amazon continues to abuse its warehouse workers, both in its day-to-day treatment of them and in its thuggish, law-breaking campaign to prevent unionization in the U.S.
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Michael Hudson v. George Soros on China’s Rejection of “Market” Capitalism
This article would have been very useful if it had stuck to its headline warning, which is more or less along the lines that Xi has made very clear that he’s not going to allow investors, above all foreign investors, to exercise more influence in Chinese business and society.
