What is financialization and why does it matter? – part 3
Changes in Economic Policy and Regulation In two earlier posts, “What is financialization and why does it matter? – part 1” and “What is financialization […]
Inequality
What is financialization and why does it matter? – part 1
Financialization is one of the most important drivers of changes in the last 50 years in American capitalism, and consequently in our society. As noted […]
What to do about the past 50 years of American life – policy suggestions
A reader of my recent post, “Bernie Sanders got much right about our current situation….” commented: “Thank you Mark for validating what we know to […]
Bernie Sanders got much right about our current situation….
Bernie Sanders, Senator from VT, sent out an email yesterday. The subject line contained one word, “Oligarchy”. So, I read it. There is much truth […]
Billionaires literally buying up Washington DC
Now that the billionaire class has installed their President and seized many posts in the Trump cabal, they are fighting over a limited supply of […]
Economists Are in the Wilderness. Can They Find a Way Back to Influence? – from the NYTimes
Ben Casselman wrote this piece in the 1.10.2025 NYTimes: “Economists Are in the Wilderness. Can They Find a Way Back to Influence?” The article cites […]
Economists Are in the Wilderness. Can They Find a Way Back to Influence? – from the NYTimes
Ben Casselman wrote this piece in the 1.10.2025 NYTimes: “Economists Are in the Wilderness. Can They Find a Way Back to Influence?” The article cites […]
“Incoming!” – Trump’s appointments and billionaire claque
The 12.26.2024 issue of The London Review of Books includes Eliot Weinberger’s stunning piece on the Trump presidency, “Incoming!“. It begins: “They came from Florida, […]
Not a right – left problem; a top – down problem. The class war is long over.
In the wake of Trump’s victory over Harris there has been much hand-wringing over how to explain the obvious trend among Americans to favor Republicans. […]
Thoughts on ending billionaire wealth – “Every billionaire is a policy failure”
The tsunami of billionaires that has washed across the planet over the last decade or so is troubling in the extreme. Now, we have the […]