Bad Samaritans in Foreign Aid
Who’d have thunk it? The notion that foreign aid might be self-interested looks to novel, at least among economists.
Read more...Category Archives: Economic fundamentals
Will Ukraine Embrace an Era of ‘War-Wilding’?
Some of Ukraine’s wartime environmental catastrophes, scientists say, can be turned into long-term ecological gains
Read more...The New Economy and the Tariffs and Tax Breaks to Launch It
Analyses of planned Trump tariffs differ somewhat on the impact, but all find them to be negative. Will the Supremes save Trump from himself?
Read more...How the Trump Presidency Might Change the Global Economy
Trump tariffs are coming! What does that mean?
Read more...Longer-Term Treasury Yields & Mortgage Rates Explode, Yield Curve Un-Inverts Further as Bond Market Gets Spooked
Stock jockeys love Trump and bond vigilantes do not. What do their diverging views say about the prospects for the US economy?
Read more...BRICS Isn’t De-Dollarizing Anytime Soon
Why the Global South path away from the dollar will be longer and more difficult than many friends of BRICS imagine.
Read more...Industrial Policy: Lessons from China’s Shipbuilding
A study of China’s shipbuilding industrial policy finds big market share gains did not produce domestic welfare benefits.
Read more...Michael Hudson and Richard Wolff: BRICS High Aspirations Versus Cautious First Steps
Michael Hudson and Richard Wolff discuss the recent BRICS summit as well as its rapidly-evolving geopolitical backdrop.
Read more...Big Lies and Little Progress: Reviewing Four Years of Biden National Security Advisor Jake Sullivan’s “Foreign Policy for the Middle Class”
Sullivan went from a professed focus on the middle class to overseeing a system of mass slaughter and tried to wed the two.
Read more...Heterodox Approaches Will Provide Answers to the Multiple Cascading Crises of Our Future
The old normal is rigid and destructive to humans and the planet. Heterodox ideas offer some hope, but will they be sufficient?
Read more...Big and Small Businesses Are Nothing Like Each Other
An important yet oft-ignored point: big and small businesses are wildly different, and that matters from a policy perspective.
Read more...What If There’s No Landing at All, But Flight at Higher Speed and Altitude than Normal, with Higher and Rising Inflation?
Recent economic data suggest inflation may gain steam again. What would the Fed do?
Read more...“Is The West Prepared to Deal With Potential Iranian Sabotage of the Oil Market?”
A discussion of some of the ways Iran could use economic, as in oil, leverage to retaliate against an Israel strike.
Read more...Private Equity Pummeled by Higher Interest Rates as Portfolio Companies and Credit Funds Struggle; Use of PIK Loans Now Recalls Late 1980s LBO Crisis
More and more private equity and private credit deals are looking over-extended. How bad might things get?
Read more...Gas Crunch Looms as Demand Outpaces Supply Growth
Why a gas price squeeze looks likely.
Read more...