2018: A Banner Year for China, Other US Trade Partners, and Corporate America
China wins big in trade in 2018.
Read more...Category Archives: Economic fundamentals
Have We Already Passed World Peak Oil and World Peak Coal?
Gail Tverberg extends her peak oil analysis to coal and finds a similar pattern.
Read more...China Syndrome Redux: New Results on Global Labour Reallocation
What did China gain when the US lost manufacturing jobs?
Read more...Deregulating Banks Fueled Speculation, Not Productive Investment
More proof that letting banks have their way is not such a good idea…at least for non-financiers.
Read more...The Green New Deal: Just Focus on What We Do, Not How We Pay for It
The debate over the Green New Deal reinforces why government policy should focus on real resource constraints.
Read more...Brexit: MPs Sink to a New Collective Low of Incompetent Acquiescence
Motion on the Brexit front does not necessarily amount to progress.
Read more...Nomi Prins: Survival of the Richest, The March of Inequality
A look at the history of the rise in inequality in the US.
Read more...The Yellow Vest Phenomenon and the Radical Right
While some protestors outside France are using the yellow vest to make demands for and end to austerity and greater economic fairness, in some countries, far right wingers are taking up the costume.
Read more...How Much Will It Cost to Address Climate Change? Pennies Compared to the Alternative
Not surprisingly, climate change, if not checked, will have catastrophic economic effects.
Read more...Warren Buffett Denounces Deficit Hawkery in His Latest Shareholder Letter
Warren Buffett hasn’t yet become an MMT advocate, but he’s officially decided that worrying about Federal deficits is besides the point.
Read more...Wolf Richter: My Fancy-Schmancy “Fed Hawk-o-Meter” Ticks Down, Still Red-Lines. In Passing, Fed Plants Seed for Removing “Patient”
Not surprisingly, given economic weakness in Europe and China plus Trump trade war saber-rattling, the Fed seems less gung ho about the health of the economy than it was last summer.
Read more...Opioid Crisis Shows How Economic Inequality Kills
Opioid abuse has strong economic roots, namely despair resulting from desperation in struggling communities.
Read more...France’s Institutional System Favours Rebellion Against Its Leader
The gilet jaunes movement proves that France’s political and budgetary centralism, the source of citizens’ feelings of abandonment and revolt, must be reformed.
Read more...Bill Black: Modern Monetary Theory Is On the March (#MMT)
A recent Wall Street Journal article that tried debunking MMT effectively supported it.
Read more...Is the Opioid Overdose Crisis a Story of Supply or Demand? Depends Where You Look
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths.
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