James Galbraith: Industrial Policy Is a Good Idea, but So Far We Don’t Have One
Industrial policy, despite recent lip service, is out of favor because doing ambitious things isn’t lucrative enough for the right people.
Read more...Industrial policy, despite recent lip service, is out of favor because doing ambitious things isn’t lucrative enough for the right people.
Read more...Venture capital and private equity are playing a larger role in the military-industrial complex leading to even more corruption, lack of accountability and the swallowing up of young minds by the Silicon Valley money pit.
Read more...New anti-espionage laws in China could make an increasingly tenuous situation for Western drug buyers even worse.
Read more...Putin has said Ukraine conflict is existential threat to Russia, but there are signs the Western capitalist class is dealing with their own existential crises. Will their greed get us all killed?
Read more...Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.
Read more...The EU is belatedly confronting the costs of their much-touted energy transition. Pols and voters are balking at the bill.
Read more...Is industrialization the original sin of both capitalist and Communist/socialist economic systems?
Read more...What does BRICS want to be when it grows up?
Read more...How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.
Read more...On a relative basis, China is more financialized than the US which is not a pretty picture.
Read more...The US is at it again with China, despite acting like it wants to repair fractured relations.
Read more...Beijing is strengthening land supply chains in case the West tries to disrupt its seaborne commerce.
Read more...A reminder of how Germany has committed economic suicide rather than say “no” to the US.
Read more...Treasury Secretary Yellen is complaining to China about allegedly improper green energy subsidies. But is her beef well founded?
Read more...The US, UK and Europe fall behind China in a supposed priority area, wind turbines.
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