Author: JavaExchange

Not only have the billionaire class made money, they have tightened their monopolistic grip on the levers of money supply and distribution, turning a global rigged casino into a global company town. Editor’s note: This is a guest post by my friend and colleague Zeus Yiamouyiannis, Ph.D., who has contributed essays to Of Two Minds since…

Nihilism Embodied: Our Lawless Financial System — geopolitic

The cost of ventilators increases by a factor of four.

NEW YORK — A gauge of global stocks kicked off September on a higher note on Tuesday, as data in major economies showed manufacturing demand rebounding from coronavirus-induced lows, while the U.S. dollar remained weak. Read More

Manufacturing data lifts stocks; U.S. dollar remains weak — Financial Post

Wall Street climbed on Tuesday as gains in Apple and Zoom Video shares propelled the tech-heavy Nasdaq to record highs, while better-than-expected U.S. manufacturing sector data fueled optimism around a post-pandemic economic recovery. Read More

Wall Street advances as U.S. factory activity hits 19-month high — Financial Post

By Julian Lee Read More

Is Big Oil Still a Big Deal? — Financial Post

In his original paper Professor Taylor claimed that “The profit share of income grew across business cycles at 0.4% per year, or by more than 20% (…

Second Round: The Labor Share of Corporate Income