Economic fundamentals Archives

The Sham of Shareholder Capitalism

The mythology of shareholder capitalism does not stand up to scrutiny.

Trade Wars in the Global Value Chain Era

Why trade wars are more costly than conventional wisdom would have you believe now that manufacturing to a large degree depends on global value chains.

Place-Based Economic Conditions and the Geography of the Opioid Overdose Crisis

There is not one opioid crisis in America—there are many. And supply-focused measures won’t stop them.

Whether It’s the New NAFTA or the Old NAFTA, It Serves the 1 Percent

By Leo W. Gerard, the international president of the United Steelworkers Union (USW). Produced by the Independent Media Institute Mick Mulvaney, a millionaire who is President Trump’s acting chief of staff and director of the Office of Management and Budget, awarded himself another job last week: spokesman for labor. Referring to the proposed new NAFTA, […]

How Italy Could Save the Euro

Italy is again threatening the Euro via a plan to introduce a parallel currency, the mini-BOT. Will this idea finally push the Eurozone to make overdue reforms?

The Inverted Yield Curve

Should we trust the recession warning the yield curve is sending?

Economic Growth: A Short History of a Controversial Idea

Environmentalists and even some economists question the relentless pursuit of GDP growth. But where did the idea come from?

Forget Lower Jobs Growth, The Number of People Who’ve Stopped Looking for Work Is Much More Worrisome

Why the jobs market isn’t as strong as the headline unemployment figures would have you believe.

Australia Is at War With Itself Over China

The Australian secuirty services are in open war against the Government over its pro-China policies.

China-Russia Partnership Threatens US Global Hegemony

America expected China to join the international economic community as a subordinate power, but China’s deals with Russia show China moving towards parity in economic and military sway.

Eight Reasons Why Inequality Ruins the Economy

Econimists have noticed, awfully late in the game, that high levels of inequality are correlated with lower growth. There are reasons to think this relationship is causal.