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...Category Archives: Economic fundamentals
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.
Read more...China’s Mountain Of Debt Is About To Crumble
A worrying update about China’s corporate debt.
Read more...Believing Six Impossible Things Before Brexit
Everyone around her is so weak that May still is very much in charge of Brexti, and that’t not a good outcome.
Read more...Why Suburbs Must Be the Next Frontier for Cities Policy
The challenge of suburbs for social and environmental policy.
Read more...Bernie Sanders’ “Raise the Wage Act” Would Make Life Better for 40 Million Americans: Analysis
A new Economic Policy Institute report also debunks the myth that raising the federal minimum wage primarily helps teenagers working for spending money
Read more...The American Tax Debate
Economists weigh in on the tax proposals by Alexandria Ocasio-Cortez and Elizabeth Warren.
Read more...Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers
Italy pushes for some bold banking reforms….but how far can it get given the wobbly state of its banks and ECB hostility?
Read more...How the Peak Oil Story Could Be “Close,” But Not Quite Right
An in-depth look at the “peak oil” thesis and how well its predictions are playing out.
Read more...Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble?
China gets a cold and California real estate gets pneumonia.
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