Economy of Intangibles
Has the rising role of intangibles, as in intangible assets. helped cause secular stagnation?
Read more...Category Archives: Economic fundamentals
Trump’s Visit Marks the Start of Shock Doctrine Brexit
As Brexit approaches, the personal enrichment hopes of some of its proponents come into focus.
Read more...Leaving Money on the Table: Declining Responsiveness and the Productivity Slowdown
Job reallocation is an important determinant of productivity. This column uses US data to show that a decline in the degree of job reallocation in response to shocks is behind the overall fall in the rate of reallocation over the past decades.
Read more...Interview: Teaching Graham Elwood Modern Money, and How the Progressive Media Gets It Wrong
A case study in teaching modern money to a progressive who unknowingly has swallowed neoliberal economic ideas.
Read more...Richard Murphy: The Debate on the Proper Role of the Bank of England, Continued
A discussion about the Bank of England raises questions about the role of central banks generally.
Read more...Brexit: Chaos Visible
As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.
Read more...Why Italy’s Crisis Is the Left’s Crisis
Why framing the political struggle in Italy as mainstream versus populist shifts focus away from the most important issue, Eurozone reform, where the battle is mercantilists versus Keynesians.
Read more...Why Did Trump Win? Robots Are to Blame
Why robots, and not “bots,” may have been responsible for Trump’s win.
Read more...Mexican Business Elite, US Government, Brace for Likely Win by Leftist Obrador as Mexico’s President
What might a win in the July 1 presidential election by the charismatic, anti-neoliberal Andres Manuel Lopez Obrado mean for Mexico and the US?
Read more...Don Quijones: How the ECB Helped Spain “Recover” Faster than Italy from the Crisis
How “financial repression,” as in negative real interest rates, whacked Italy and boosted Spain.
Read more...Some Notes on Trump’s Trade War Threat
Some observations about the Trump-China spat.
Read more...Yanis Varoufakis: Why Germany Neither Can Nor Should Pay More To Save the Eurozone
Why Germany is not the solution to the Eurozone’s woes.
Read more...Italy Holds A Mirror to a Broken Europe
The election of a right-wing, populist government in Italy exposes the economic and democratic shortcomings of the European project and its nationalist rivals.
Read more...The Roots of Argentina’s Surprise Crisis
How reforms by Argentina’s President Macri helped kick off a currency crisis.
Read more...Bill Black: Democrats Should Reject Bernanke’s ‘Wily E. Coyote’ Criticism of Trump’s Deficits
Bernanke engages in a new episode of ideologically motivated economic prognostication.
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