Economics

Carbon Cleanup: The Public is Paying, But Who is Profiting?

August 21, 2020 | In this guest article, June Sekera dissects the false promises of industrial-chemical methods of carbon capture. June is a Visiting Scholar at the Heilbroner Center for Capitalism Studies, New School for Social Research, and an Honorary Senior Research Fellow at the Institute for Innovation and Public Purpose, University College London.

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In the middle of a pandemic, the World Bank wants slum dwellers to lose their water supply (with P.S.)

August 9, 2020 | Developing countries are trying to contain the corona pandemic under the most adverse conditions. In the middle of this, the World Bank is proposing that the water supply of slum dwellers be cut off, if their landlords do not pay the water bill. It is an inhumane philosophy of development that is behind such monstrosities.

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Economic faculties in turmoil over an editor’s alleged racism and an article’s colonial attitude

June 27, 2020 | A turmoil has engulfed the faculties of economics at the University of Chicago and Harvard. A German economist was first suspended on accusations of racism in Chicago, then rehabilitated. An article in Harvard’s flagship Quarterly Journal of Economics (QJE) is accused of a colonial attitude. The authors justify themselves.

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