Could Turkey Trigger the Next Global Financial Crisis?
Why the currency crisis in Turkey is a due in part to the failure to take adequate corrective measures after the global financial crisis.
Read more...Category Archives: Economic fundamentals
Brexit as a Tightly Coupled Process
Stepping back to look at the Brexit trajectory.
Read more...The Zero-Sum Economy
Is the problem with the economy the amount of stultifying work, or that too much work is really about more and more aggressive competition for income?
Read more...What Should the EU Do About the Turkish Currency Crisis?
The Turkish lira has been under significant pressure in recent weeks. What is the EU’s exposure to possible crisis in Turkey and how should the EU react?
Read more...Why Elizabeth Warren’s Accountable Capitalism Act Will Be Good for Shareholders
Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.
Read more...Where in the World Is It Easiest to Get Rich?
Debunking American exceptionalism on a pet obsession: the ability to get rich.
Read more...Gaius Publius: Why Is Thomas Frank Puzzled?
Is Thomas Frank really puzzled about the feckless Dems? Or is he still hoping they might change their stripes?
Read more...The Unforeseen Consequences Of China’s Insatiable Oil Demand
Working through the implications of China’s ever-rising energy needs.
Read more...Trump Is Giving Protectionism a Bad Name
A short overview of some protectionism successes.
Read more...Richard Murphy: Writers of Labour’s “Fiscal Rule” Lash Themselves to the Austerity Mast
Labour’s economists show their Third Way colors and advocate austerity-generating policy rules that might as well have been penned by former Treasury Secretary, later Citigroup vice chairman Bob Rubin.
Read more...Michael Hudson: Life and Thought – An Autobiography
Michael Hudson discusses his life as a young Communist intellectual, how he became interested in economics and finance, his life in academia, and his recent work on rentier capitalism and debt jubilees.
Read more...Neoliberalism Drives Climate Breakdown, Not Human Nature
Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook.
Read more...3 Blokes In The Pub…Talk No Deal Brexit
Nitty gritty details of what happens with a crash-out Brexit, made accessible and even entertaining.
Read more...The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response
Michael Hudson explains how we’re still in the crisis that started in 2007-2008.
Read more...The Explicable Mystery of the National Debt
Why US Treasury bond issuance and Federal deficits are functionally not debt at all.
Read more...