AI and the Productivity Paradox
AI has not delivered expected productivity gains. Some thoughts as to why.
Read more...Category Archives: Economic fundamentals
How Amazon Gains Control & Domination
Amazon takes over the last mile and everything else.
Read more...Muilenburg Forced Out of Boeing, But 737 Max No Closer to Flying. What Happens If It Stays Grounded?
Why the 737 Max mess is no closer to resolution
Read more...Productivity Does Not Explain Wages
As long as we believe the neoclassical productivity farce, we will know nothing about what causes prices.
Read more...US Freight Shipments Fall Below 2014 Level. Answers Emerge
Freight volumes have traditionally served as a measure of economic activity. What do they say now?
Read more...Sweden Retreats from Negative Interest Rate Experiment
Sweden throws in the towel on its negative interest rate policy as inflation stays stubbornly low.
Read more...Bill Black: Lawrence O’Donnell Aims at Buttigieg, But Hits New Democrats
A takedown of the New Democrats’ love of austerity.
Read more...The Green New Deal as an Anti-Neoliberal Program
On the positive effects of a Green New Deal.
Read more...Boeing Halts 737 Max Production to Reduce Cash Burn; Suppliers Hit; Measurable Ding to GDP Expected
Boeing takes a 737 Max self-preservation measure, to the detriment of suppliers and even the overall US economy.
Read more...Don’t Blame Corbyn or Brexit: Labour Failed To Rage Against the Hated Political System
A take on why Labour failed.
Read more...Mariana Mazzucato: What Is Economic Value, and Who Creates It?
Mariana Mazzucato takes apart conventional wisdom about how economic value is generated.
Read more...There is No Economics Without Politics
Debunking the pretense that the economics discipline is neutral or objective.
Read more...Climate Migration Frightens… Climate Poverty Is Frightening!
Taking a stab at how climate change pressures will increase poverty and migration.
Read more...The “Fixing Capitalism” Headfake
Why most plans to create a kinder, gentler capitalism fall way short.
Read more...To Resolve the Economic & Environmental Crisis, Do Not Bank On the Private Sector
More political leaders are coming around to the idea of using government economic muscle to combat climate change. But will they act?
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