Axios: What’s the Actual Cost of Not Addressing Climate Change?
bunking some arguments against Sanders’ climate change program.
Read more...Category Archives: Economic fundamentals
Who’s Responsible for the Ecocide in the Amazon
Ecocode is profitable, so follow the money.
Read more...Is it Really “Full Employment”? Margins for Expansion in the US Economy in the Middle of 2019
Many indicators say the US is close to full employment. Hours of work tell a different story.
Read more...Marshall Auerback: We Are Clearly Living in a Bizarro Capitalism Era—And It’s Time to Change How the World Manages Economies
Central banks don’t have the tools to address our problems. It will take well-constructed fiscal policy to set right our topsy-turvy economy.
Read more...Wolf Richter: World Trade Skids for First Time Since Financial Crisis
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Read more...Trump’s China Trade War Gaslighting: Will There Evah Be a Deal?
Why the US and China are likely to remain at loggerheads.
Read more...Italy’s Right-Wing Government Collapses – Will the Next One Be Better?
The odd marriage of Lega Nord and Five Star held up longer than expected, but Italy is about to get a new government. How might that work out?
Read more...The Fed Thinks the US Economy Is Fine. Do You?
Seeking reader input on the health of their economy.
Read more...Cheerleading for Austerity
Readying austerity talk just in time to condition voters for 2020.
Read more...Hong Kong’s Economy Is Still Important to the Mainland, at Least Financially
Correcting misinformation about Hong Kong’s status sometimes bandied about by critics of its protestors.
Read more...Amid Recession Warnings, Trump Reportedly Considering More Tax Cuts for Rich and Corporations
Trump proposes yet more tax breaks, which would do more for the stock market than for the real economy.
Read more...A New Assessment of the Role of Offshoring in the Decline in US Manufacturing Employment
Offshoring killed American manufacturing jobs.
Read more...Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans
The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.
Read more...Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations
Yves here. It has been reported in venues like the Financial Times that importers who would face increased costs from tariffs on China were taking steps so as not to increase prices to customers, which includes making their suppliers give better prices and eating some costs too. With profit share at a record high level […]
Read more...It Was More Like a Couple of Asian Decades Than a Century
China’s trend rates of growth are likely to be much lower than in the past, and even that is problematic. China will remain an important Asian player, not a dominant global force.
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