Radio/Streaming Platform Audacy Files For Bankruptcy Protection
Audacy's CEO blames a decline in advertising and conditions in the larger economy for the issues leading to the bankruptcy filing.
Source: thewrap.com
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Link 6/1/2021 | naked capitalism
Thank you, Yves, for republishing James Galbraith’s beautiful 2009 essay “Who Are These Economists Anyway?” — in which we read: “Leading active members of today’s economics profession… have formed themselves into a kind of Politburo for correct economic thinking. As a general rule—as one might generally expect from a gentleman’s club— this has placed them on the wrong side of every important policy issue, and not just recently but for decades. They predict disaster where none occurs. They deny the possibility of events that then happen. … They oppose the most basic, dece...
Source: nakedcapitalism.com