Most Long-Term Growth Forecasts by Economics Researchers Biased Upwards
Forecasts tend to be biased upwards and involve significant uncertainty, even for economics researchers specialising in macroeconomics or economic growth.
Read more...Category Archives: Economic fundamentals
400 Million Locked Down in China To Fight Coronavirus
Another estimate of the severity and potential broader impact of the coronavirus.
Read more...Sanders Called JPMorgan’s CEO America’s ‘Biggest Corporate Socialist’ – Here’s Why He Has a Point
As Sanders becomes a formidable 2020 contender, demonizing socialism is back in style.
Read more...Rentier Capitalism: Great for Stocks, Lousy for Growth
An oddly neglected paper gives an idea of how much rentier capitalism has distorted the US economy.
Read more...Brexit: Fish-y Business
Brexit is getting ugly.
Read more...Coronavirus Starting to Hit Auto Industry Supply Chains
A coronavirus worry is starting to manifest.
Read more...Coronavirus: Australia Faces Calamity
Identifying likely economic road kill from the coronavirus outbreak.
Read more...Brexit: Warmed Over Chicken
Brexit trade talks are about to begin. The UK is back in drama queen mode.
Read more...Do Davos Billionaires and Bankers Really Believe Booms and Busts Are Over Because They’ve Trained the Fed?
Fed tightening is no longer needed to create recessions, given fragile credit structures and a growing pandemic out of China.
Read more...Student Enrollment Dropped 11% Since 2011, Student-Loan Balances Surged 74%. Why?
Drilling into why the student loan problem keeps getting worse.
Read more...US Loses Nearly 4 Million Jobs to China Since WTO Entry
More evidence, this time via China, on the costs globalization imposed on American workers.
Read more...Brexit D-Day
The big Brexit day is here.
Read more...Secular Stagnation: Demand Is Indeed the Culprit
Economists’ bad medicine is a significant factor in our present stagnation.
Read more...Michael Hudson on the History of Debt Cancellation, Austerity in Europe, January 2020
Michael Husdon reviews the key themes of his recent book, ……and Forgive Them Their Debts, and discusses German austerity.
Read more...How CEOs, Experts and Philosophers See the World’s Biggest Risks Differently
Trying to understand CEOs’ blinkered view of risks.
Read more...