Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)
Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.
Read more...Author Archives: Yves Smith
Secular ‘Values Voters’ Are Becoming an Electoral Force in the US – Just Look Closely at 2020’s Results
More voters admit to not being religious. How does that play out in US politics?
Read more...Links 12/23/2020
Why Are Shootings Up in New York City? We Asked Four People on the Front Lines
“Becaue Covid” may not fully explain the rise in shootings in New York and other big cities.
Read more...Someone Should Ask Biden Cabinet Candidate Ursula Burns If She Supports Child Labor in Africa
Ursula Burns, a candidate for Commerce Secretary, is a director of Nestlé, which defended its use of child labor before the Supreme Court.
Read more...Holiday-Year End Schedule and Comments Holiday
We are cutting back on posting and comments so as to give Team NC a bit of a respite. Hope you can also take a year end break.
Read more...Who Loses Out From Covid-Induced Changes in Buying Patterns?
Why for some sectors of the economy, life after Covid may never be the same.
Read more...UK’s Covid and Brexit Siege
Fog on the Covid and Brexit fronts.
Read more...A Tale of Two Elections: U.S. and Bolivia
US sanctimoniousness about the importance of elections respecting popular will does not apply outside our borders.
Read more...Brexit Event Horizon and Covid Mutation Deliver Lumps of Coal to UK for Christmas
“It’s always darkest before things go completely black.” That looks like a fit for Brexit.
Read more...Antitrust Spring
Regulators and officials are dusting off antitrust rule books to go after tech monopolists.
Read more...How President Biden Can Fix our Trade Problem
Trump’s approach to trade largely failed because the problem can’t be solved by tariffs. Here’s the answer.
Read more...SCOTUS: States Can Bar Pharmacy Benefit Manager Grifting
A new Supreme Court ruling upholds the ability of states to regulate pharmacy benefit managers.
Read more...We Are Fourteen Years Old
Fourteen years old and (hopefully) still making lots of trouble!
Read more...Why We Need to Adopt Friedrich Engels’ Thinking on Science in These Times
Friedrich Engels work on working class included describing how capitalists would not contrain their environmental damage.
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