Michael Hudson is the best economist in the world. Indeed, I could almost say that he is the only economist in the world. Almost all of the rest are neoliberals, who are not economists but shills for financial interests.
The Mirage of Justice: Of the 2.2 million people we have incarcerated at the moment—25 percent of the world’s prison population—2 million never had a trial.
Who Goes to Jail?: “It is much more grotesque to consider the non-enforcement of white-collar criminals when you do consider how incredibly aggressive law enforcement is with regard to everybody else”.
Goldman Sachs To Pay $5.1 Billion For Causing 2008 Financial Crisis: As of now, there appear to be no plans for any of the individual corporate executives at Goldman Sachs to face criminal sanctions for the crimes that led to this $5.1 billion settlement despite the Department of Justice’s promise that it would start holding corporate criminals accountable.
Bees are dying in record numbers—and now the government admits that an extremely common pesticide is at least partially to blame. For more than a decade, the Environmental Protection Agency has been under pressure from environmentalists and beekeepers to reconsider its approval of a class of insecticides called neonicotinoids, based on a mounting body of research suggesting they harm bees and other pollinators at tiny doses. In a report released Wednesday, the EPA basically conceded the case.
The survey of 473 adult therapeutic cannabis users found that 87% of respondents gave up prescription medications, alcohol, or other drugs in favor of cannabis. Adults under 40 were likely to give up all three of these for medical cannabis.
The money the American government has made by keeping pot illegal is nothing compared to the financial windfall it will see when it is finally legalized. Here’s why.