PayPal Demonstrates What Happens to Former Tech Unicorns Which Get Lame
PayPal is no longer getting away with the sort of things it could as a payment processor newbie.
Read more...Category Archives: Economic fundamentals
Why Australia’s Skilled Migration System Is Failing – Will the UK and US Take Note?
Why are skilled migrant programs not working all that well, in terms of employment outcomes?
Read more...Economies of States Versus Economies of Cities
Why are some cities doing better than the states they inhabit?
Read more...The Revenge of the Places That Don’t Matter
The idea that people are attached to the places where they live has been ignored by economists and politicians, to their peril.
Read more...Ilargi: Shithouses
How Trump’s widely deplored shithouses comment was an unintended, uncomfortable truth about US policy.
Read more...Trend Reversal of Old-Age Labour Force Participation in Germany
Why has workforce participation increased among older age groups in Germany? Follow the money.
Read more...Amazon, City Killer?
The unseemly bidding war to have the opportunity to have Amazon ruin your city moves to its finalist phase.
Read more...Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
Rising mortgage rate are about to do some damage to the house party.
Read more...How Amazon’s Accounting Makes Rich People’s Income Invisible
How Amazon’s predatory non-profit model is a particularly potent form of rent extraction.
Read more...Nomi Prins: My Financial Road Map for 2018
Some crystal ball gazing for 2018.
Read more...Brexit: UK Still Refusing to Do Any Thinking Re Trade
The UK is going nowhere fast on Brexit, except it is trying even harder than before to blame the EU for its problems.
Read more...Answers from the MMTers
Serious Economist Jared Bernstein asked some questions about MMT. MMT thinkers Stephanie Kelton and Randy Wray.
Read more...A US Economic Boom in 2018?
Not that it comes as a surprise, but talk of the US economy being in a boom is hype.
Read more...ECB Spawned Financial Dependency That’s Now Very Hard to Undo
The ECB is very eager to withdraw extraordinary support. But among others, a lot of weak banks are hooked on it.
Read more...More Power to the Workers: Seymour Melman on Extraction by the Military, Managers, and Finance
Why workers are the nexus of production and prosperity.
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