You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.
Michael HudsonA derivative is a bet on whether a stock, or a bond or a real estate asset, is going to go up or down. There's a winner and a loser. It's like betting on a horserace.
Michael HudsonWe go forward with our heads held high, but look back and remember where we come from.
Michael HudsonIf you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.
Michael Hudson