Will We Follow China and Suffer Deflation – Which Is Very Much Worse Than Inflation?
Central bankers fret about inflation, but the far more destructive deflation may become a treat.
Read more...Central bankers fret about inflation, but the far more destructive deflation may become a treat.
Read more...Why Lenin was right.
Read more...The CBO and CMS, keep overestimating health cost increase, and at least for the CBO, it’s due to neoliberal fealty.
Read more...A quick march through economic data and thinking about the Covid pandemic.
Read more...Russian industrial performance serves as a point of departure for Richard Wolff and Michael Hudson to discuss the shortcomings of capitalism.
Read more...Radhika Desai and Michael Husdon provide a data-driven discussion of the inflating and detonation of debt bombs during the neoliberal era.
Read more...How EU states are still trapped in their self-devised austerity hairshirt.
Read more...An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.
Read more...Not enough bad can be said about neoclassical economics. The focus today is inflation policy.
Read more...A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Read more...Michael Hudson reprises favorite themes, particularly the role of rentiers and debt dynamics, with some new tidbits.
Read more...A stereotypical case of an economist putting market concepts over society….worse in family relations.
Read more...The World Bank insists on private finance or economic recovery but does little to ensure profit-hungry commercial finance serves the public
Read more...Neoliberalism is still doing a fine job of zombifying economies, but the doctrine sadly is in rude health.
Read more...The survival of the euro has come at the cost of Europe’s permanent stagnation and continuing fragmentation
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