The Impoverishing Thinking of Central Bankers Who Want Interest Rate Rises
Central bankers look to make a bad problem worse by trying to ensure wages and prices stay down even as energy costs rise.
Read more...Category Archives: Macroeconomic policy
Satyajit Das: An Emerging Market Crisis in Oil-Poor Asia?
It is no secret that most countries in Asia will be hard by the energy crunch. What can they do?
Read more...Building Fairer Cities: New Insights From Mohenjo-daro
New insight reveals that inequality was low in one of South Asia’s first cities and that it decreased as its citizens prospered.
Read more...It’s Not Just High Gas Prices – Inflation Is Now Spreading Through the US Economy
Inflation is rising and set to become more severe and puts the Fed in a bind.
Read more...Is the AI Data Center Boom Building the Infrastructure for Tokenization and Control?
If the AI bubble bursts, the data center build-up could become the infrastructure for economic tokenization and state surveillance
Read more...The Brits, French, & Germans Are Now Right on Russia’s Doorstep
Russia has cleared its throat about naked European escalatory threats and belligerent moves. What next?
Read more...Electile Dysfunction—Why Can’t the Democrats Get Their Polls Up?
Quelle surprise! The Democrats will not attend to the material needs of its traditional popular base because it is thrall to its donor class.
Read more...Satyajit Das: The Global Economy – A Very Uncertain Future!
Satyajit Das looks at the big stressors on the global economy and find that governments will be unable to do much to alleviate them.
Read more...Coffee Break: Scientists and the Growth Economy, Sternly Worded Letters, Scientist Runs Afoul of RFKJr, Timothy Snyder with the Editor of Science, and Wither Food
Dear gentle readers: Apologies for a somewhat ragged Coffee Break today. Traveling in Scotland and time has been taken up with details (all good) along with a few unexpected disconnects (as in stuff happens). Part the First: Scientists to the Rescue? Economic growth is not the answer to any of our problems in this finite […]
Read more...‘Hands Off Our Pensions’: Belgian Workers Take to the Streets in General Strike Against Austerity Measures
The latest national strike in a series over a year and a half against policies that a union leader said will heighten inequality and poverty
Read more...England Is Splitting Apart as Labour Collapses
Labour, as many anticipated, is suffering an epic wipeout per early UK elections results. What might come next?
Read more...Economic Management in War: Professor Michael Hudson in Discussion with Ian Proud
An informative and wide-ranging conversation of how economic policies can neglect, support, or impede the prosecution of war
Read more...‘Disgusting’: Trump’s Top Economic Adviser Brags About Killing 300,000 ‘High-Paying’ American Jobs
A key Trump ally engages in economic malpractice to defend Federal government slash and burn spending cuts.
Read more...The Fed, Congress, and the President: The Constitutional Authority to Make Money
The struggle over the Fed is a constitutional conflict: in a representative system, the power over money belongs to the legislature
Read more...Michael Hudson and Steve Keen: How the Global Crisis Will Unfold
Michael Hudson and Steve Keen: discuss how the Iran war economic crisis will generate inflation first, and then deflation and depression.
Read more...