Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge
Markets are in a tizzy over the US-China trade row. But what might come next?
Read more...Category Archives: Doomsday scenarios
Mark Blyth’s Incisive Post-Crisis Takedown: “A Brief History of How We Got Here and Why”
Mark Blyth gives a pithy talk on the economic regimes of the modern period and what is likely to be in store.
Read more...The Trump White House Is Upending Decades of Policy-Making Procedures
The Trump Administration really is making things up as it goes along.
Read more...Signs of Recession Are Hitting Europe—And Its New Central Bank President May Not Be Up for the Challenge
Europe, or more specifically the Eurozone, has a deficient bank regulatory framework which may be tested by economic weakness and wobbly banks. Having Christine Lagarde at the ECB’s helm is not likely to be a plus.
Read more...Carbon Dividends: A Plan for Earth’s Survival that Can Survive U.S. Politics?
Yves here. Carbon dividends are a way to create support for setting a price for carbon. None other than those starry-eyed granola heads at Financial Times called for setting a price for carbon in 2007. Pigovian taxes (ones meant to discourage activity, like transactions taxes) should typically not be seen as revenue generators, since you […]
Read more...Financial Times Goes Wobbly on Brexit No Deal Impact
Is a flabby Financial Times story just a case of a piece not coming together, or is the pink paper pulling its punches on Brexit?
Read more...Reclaiming the Commons Through State Ownership? Maybe Not
Transnational state capital can be just as harmful as its private counterparts. Local, democratic and sustainable alternatives offer better protection.
Read more...Brexit: Can Anyone Take the Wheel From Johnson?
Johnson is committing the UK to a no deal Brexit. What could stop him?
Read more...Roundup Roundup: Judge Slashes Punitive Damages Award in Glyphosate Lawsuit
A third judge reduced the eye-popping punitive damages award in a glyphosate lawsuit; Bayer faces a plethora of pending cases and potential huge liability.
Read more...New Study Predicts Millions of Americans May Become Exposed to “Off the Charts” Heat
Climate scientist Michael Mann discusses the increasing frequency and severity of heat waves, as we’ve seen in India, the US, and now Europe.
Read more...South China Sea Time Bomb Threatens To Go Off
China upsets its neighbors.
Read more...Brexit: Boris Johnson’s Impossibility Theorem
No one is blinking in the Brexit staredown.
Read more...Nobel Economist Angus Deaton: Inequality is Destroying Democratic Capitalism
Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...“We Wargamed the Last Days of Brexit. Here’s What We Found Out.”
Yves here. It seemed fitting to post again on Brexit, if nothing else to commemorate, if that’s the right word, Boris Johnson becoming Prime Minister of the UK Wednesday afternoon. It’s not a good omen that the EU has felt compelled to debunk Johnson’s campaign claims about Brexit that have been taken up again by […]
Read more...Keeping the Oil in the Soil
The goal of any serious climate policy is to keep oil and other fossil fuels in the ground. The central question is how.
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