Flawed Models and Industry Influence Affects Regulation of Toxic Chemicals
The EPA regularly contracts with for-profit consultancies to perform risk assessments used in evaluations of toxic chemicals. This gives these private organizations considerable sway in the decision-making process, often with little transparency about ties to chemical manufacturers. Health effects researchers point to flawed computer simulations and the revolving door between the EPA and consulting firms as the reason industry-supported research often concludes that exposure risks are of no concern.
Why Michael Hudson is the World’s Best Economist
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.
A fundamental flaw in our financial/banking system? Who would have thought…
A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air
The central banks of the United States, England, and German – as well as 2 Nobel-prize winning economists – have all shown that banks create money out of thin air … even if they have no deposits on hand.
Education and Underemployment in the Age of Machine Intelligence
What is the root cause of persistent underemployment in the United States today? The short answer is technology.
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