Category Archives: Economic fundamentals

Michael Hudson: Why Frances Coppola’s “The Case for the People’s Quantitative Easing” Is for Banks, Not the People

A dubious proposal to continue over-reliance on monetary policy, this time with a quantitative easing scheme, instead of fiscal spending.

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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.

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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.

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