Category Archives: Economic fundamentals

The American Tax Debate

Economists weigh in on the tax proposals by Alexandria Ocasio-Cortez and Elizabeth Warren.

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?

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.

Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble?

China gets a cold and California real estate gets pneumonia.

The Silicon Curtain: The Gloves Come Off With China

An Australian perspective on the West’s growing conflict with China.

The Natural Rate of Interest Is Anything But

Central bankers pursue a “neutral” rate that doesn’t exist.

Chinese Growth: A Balancing Act

What is driving the slow-down in Chinese growth and what are the implications for Chinese policymakers and the global economy?

Vital Economic Data Was Likely Lost During the Shutdown – Here’s Why It Matters to All Americans

Another shutdown cost….

Brexit “Singapore on the Thames” Fantasies

A jaundiced look at “Singapore on the Thames,” yet another barmy Brexit idea.

Gilets Jaunes Under Attack

The gilets jaunes have arisen out of the profound inequality that is fracturing societies across Europe. It is against that inequality that leaders must take a strong stance.

MMT’s Opening

Another go at clearing up press and pundit misrepresentations of MMT.

Wolf Richter: Bottom Suddenly Falls Out of Demand in China in Many Sectors

Suddenly weakening demand in China has now transcended company-specific issues.

Brexit: Blame It on the Banking Crisis

The parts of the UK hit hard by post-crisis austerity had a strong tendency to vote for Brexit.