Antidepressants Are Not Associated With Improved Quality of Life in the Long Run

Source:PLOS Over time, using antidepressants is not associated with significantly better health-related quality of life, compared to people with depression who do not take the drugs. These are the findings of a new study published this week in the open-access journal PLOS ONE by Omar Almohammed of King Saud University, Saudi Arabia, and colleagues.  It […]

Antidepressants Are Not Associated With Improved Quality of Life in the Long Run

Has globalisation ended?

Apart from inflation and war, what grips current economic thought is the apparent failure of what mainstream economics likes to call ‘globalisation’.  What mainstream economics means by globalisation is the expansion of trade and capital flows freely across borders.  In 2000, the IMF identified four basic aspects of globalisation: trade and transactions, capital and investment movements, migration and […]

Has globalisation ended?

The three contradictions of the Long Depression

One of my basic theses about modern capitalism is that since 2008, the major capitalist economies have been in what I call a Long Depression.  In my book of 2016 of the same name, I distinguish between what economists call recessions or slumps in production, investment and employment; and depressions.  Under the capitalist mode of […]

The three contradictions of the Long Depression