The ECB again rides in to try to paper over fundamental problems with the EU’s structure and to offset is austerity bias by restarting QE. But the EU needs more government spending. Will it take another crisis to get there?
Read more...On the remarkable surge of interest in and attacks against MMT by mainstream economists and pundits.
Read more...China wins big in trade in 2018.
Read more...Gail Tverberg extends her peak oil analysis to coal and finds a similar pattern.
Read more...What did China gain when the US lost manufacturing jobs?
Read more...More proof that letting banks have their way is not such a good idea…at least for non-financiers.
Read more...The debate over the Green New Deal reinforces why government policy should focus on real resource constraints.
Read more...Motion on the Brexit front does not necessarily amount to progress.
Read more...A look at the history of the rise in inequality in the US.
Read more...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...Not surprisingly, climate change, if not checked, will have catastrophic economic effects.
Read more...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...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 abuse has strong economic roots, namely despair resulting from desperation in struggling communities.
Read more...The gilet jaunes movement proves that France’s political and budgetary centralism, the source of citizens’ feelings of abandonment and revolt, must be reformed.
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