Category Archives: Economic fundamentals

Britain After Brexit: Welcome to the Vulture Restaurant

US business will asset-strip the UK, but that’s not all: the Pentagon will find the little-known fragments of the British empire very useful.

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.

What Plunging Global Semiconductor Sales Says About Autos, IT & How the Economy Reacts to Uncertainties

Should you worry about the biggest fall in semiconductor sales since the Financial Crisis?

Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge

Markets are in a tizzy over the US-China trade row. But what might come next?

Mark Blyth’s Incisive Post-Crisis Takedown: “A Brief History of How We Got Here and Why”

Mark Blyth gives a pithy talk on the economic regimes of the modern period and what is likely to be in store.

Neoliberalism: Political Success, Economic Failure

Now, after nearly half a century, the verdict on neoliberalism is in.

Families Drowning in Debt to Stay in the Middle Class

Young people with pretty high incomes are sinking under debt.

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.

Financial Times Goes Wobbly on Brexit No Deal Impact

Is a flabby Financial Times story just a case of a piece not coming together, or is the pink paper pulling its punches on Brexit?

Brexit: Boris Johnson’s Impossibility Theorem

No one is blinking in the Brexit staredown.

Trump Promised Massive Infrastructure Projects—Instead We’ve Gotten Nothing

Even budget hawks ought to embrace infrastructure spending, since those projects typically produce $3 of tax revenues for every $1 spent when there’s a backlog, as we clearly have in the US. So what is Trump’s excuse?

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.