The US is in uncharted territory. Never before have stocks been so high relative to wages. Here’s what it means.

Exciting news! Capital as Power — the seminal text written by Jonathan Nitzan and Shimshon Bichler — is now available for free as both an epub and online book. Full disclosure: the typesetter was yours truly. What’s Capital as Power ? And why did I make a free ebook version? Read on to find out. You must unlearn what you have learned ¹ I don’t talk much on this blog about my personal journey.

IQ tests have always bothered me. They claim to measure ‘general intelligence’. I think this is bullshit.

Here are 10 countries that are beating the energy-life expectancy trend and 10 countries that are falling behind.

In a new video, Jonathan Nitzan demolishes the neoclassical theory of prices. Here’s a summary and some consequences.

People tend to become more individualistic at the same time that hierarchy grows. What explains this paradox?

Here are 10 tips for making charts that pop.

How can we improve human welfare without consuming more energy?

The rise and fall of empires is written in the language of energy. Let’s have a look at this ‘energy book’ and see why America won’t be ‘great’ again.

I’ve always been baffled why ‘modern monetary theory’ is called a theory . I don’t mean this in a disparaging way. As far as theories of money go, I think modern monetary theory (MMT for short) is the correct one. But having a correct theory of money is a bit like having a correct theory of traffic lights. Traffic lights (like money) are a social convention.

Here are the 5 blogs that I read frequently.