Actual markets in the American economy are extremely rare and unusual beasts. An economics of markets ought to be regarded as generally useful as a biology of cephalopods, amid the…

…do about health care. Both of them initially, or at least at some point, signed on to the “Medicare-for-all” label for a single payer government run health insurance system that…

…of whether hydroxychloroquine should be prescribed off label based on the in vitro results is not the same as the question of should we be confident that it will work…

Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We…

…which people can Google that wants us to pay $350 to be able to put their label on our packaging. But nobody knows who the hell they are, and this…

…models of this sort by the late Richard Goodwin, who had a Marx-influenced predatory model of class struggle cyclical fluctuations. Their early models were labeled as Kynes-Wicksell-Goodwin (KWG) models. But…

…funny and so true. The state of Ohio supreme court . . . And regarding the food item’s being called a “boneless wing,” it is common sense that that label…

…losers are ordinary working folks. So when “free trade” and “free markets” are really stand-in phrases covering a fundamental facilitation of the unfettered ability of high-net-worth investors to cannibalize the…

…American policy making for nearly half a century. The leaders of both major parties have now turned away from unfettered free trade, a fact that would have been unimaginable less…

…treats any discussion of “free markets.” The fundamentalist approach to free markets (that I have sometimes labeled “free marketarianism” or “friedmania”) claims to believe that deregulation helps people by increasing…