The Private Equity Deception
Private equity firms are a risky place to invest and their reported returns can be misleading.
Left Hook Economics contributors focus on critical analysis of the Trump administration’s economic policies, explaining threats to our economic future, and advancing alternative policy approaches in terms that are accessible to all.
Private equity firms are a risky place to invest and their reported returns can be misleading.
Despite being called a currency, crypto lacks one of the most important characteristics that a currency (money) should have—a stable value.
The Fed’s rate cut is likely to have little impact on mortgage interest rates. The reason is straightforward but rarely recognized in the abundant flow of commentary on Fed policy.
Even a low-ball estimate of the cost of time shows just how misleading an estimate based only on money expenditures really is.
Most so-called pronatalist policies seriously underestimate the costs and risks of raising children in today’s economic environment.
The first obvious step right now for fighting stagflation is for Trump to dump his tariff policies.
As with the subprime lending crisis, crypto appears to be more of an example of predatory inclusion than enhancing financial access.
As more and more pass-through business income goes to the super-rich, the income share of the top 1% doubles.
The stated rationale for jettisoning environmental protections is that they are inefficient and have “suffocated” the economy. But economic benefits must be weighed against costs, including impacts on human health.
Nothing less than saving the planet is at stake.
Cryptofinance, including cryptocurrency, is the newest hot item in the world of financial “innovation.”
Instead of competing with native-born workers for jobs, immigrant workers actually tend to complement native-born workers.