Can Locally-Owned Stores Save RadioShack?
RadioShack stores are coming back from the dead, um, bankruptcy.
Read more...Category Archives: Economic fundamentals
Who Says Labor Laws Are “Luxuries”?
The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.
Read more...Italy Bars Landing of Ship With 629 Migrants as Finance Minister Takes Euro Exit, Parallel Currency Off Table
Why the self-styled reformist government in Italy is already looking like a paper tiger.
Read more...The Battle for Money Has Begun
Why the current fights over money, banking, and Modern Monetary Theory look like new ways to achieve bad neoliberal ends.
Read more...Worrying About the Deficit Is So 17th Century
Deficit hawks have been wrong for even longer than you thought.
Read more...Italy’s New Prime Minister Conte Says Euro Exit Off the Table, But Mr. Market Pouts About Spending Talk
Italy’s new government makes some opening moves.
Read more...Richard Murphy: Why the Swiss Referendum Proposal of Giving the Central Bank Complete Credit Control is Dangerous Folly
Correcting some misunderstanding about proposed monetary reforms that are the subject of a referendum this weekend.
Read more...Trade Wars: How Exposed Are EU States and Industries to the US?
Taking a more granular look at how a trade war with the US might hit the EU.
Read more...More Evidence of Increasing Deflationary Pressure on Wages
Bosses on wages: “No more raises for you!”
Read more...Brexit Becoming More Unpopular as Yet More Warts, Like VAT Administration, Come Into Focus
The latest Brexit updates aren’t very cheery.
Read more...NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades
Markets wail and gnash their teeth as normalization of Italian yields sets in.
Read more...How Media Amnesia Has Trapped Us in a Neoliberal Groundhog Day
How the media became the useful idiot of neoliberalism.
Read more...Italy’s Political Crisis….How Ugly Might It Get?
Identifying issues that may influence how Italy’s political crisis over the rejection of a Lega Nord-5 Star economy minister plays out.
Read more...Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts
I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
Read more...How Institutional Dysfunction Has Enabled Poor Economic Policy Thinking
How economic research practices and the role of academic journals helped create and reinforced an orthodoxy that was able to miss that the crisis was coming.
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