Central Banks in the Age of Populism
Central banks are under more and more pressure to respond to public dissatisfaction with their stewardship. Is that such a bad thing?
Read more...Category Archives: Economic fundamentals
J.D. Alt: Fiat Money and Three Big Societal Challenges
How fiat money denialism, also know as austerity and deficit scaremongering, is undermining the public’s ability to tackle pressing challenges like climate change.
Read more...Economists Shocked That China Invalidates Their Pet View That Economic Liberalization Producers Political Liberalization
Another economic fantasy, that the trade liberalization promotes the spread of democracy, takes some hard knocks from China.
Read more...Brexit: EU Tightens the Noose
Has the fatal Brexit standoff arrived, or will someone blink?
Read more...Brexodus: The UK May Leave the EU, but the EU May Already Be Leaving the UK
One way the UK is already losing out from Brexit….the supposedly sought-after drop in immigration is hitting some important sectors.
Read more...Michael Hudson: Trump’s Travesty of Protectionism
Why Trump’s tariffs hit the wrong target.
Read more...Monetary Policy and Fiscal Discipline: How the ECB Planted the Seeds of the Euro Area Crisis
How the ECB did Euro-area member states a dirty when it tried to act as deficit enforcer.
Read more...Trump’s Steel and Aluminum Tariffs: How WTO Retaliation Typically Works
A review of some of the permitted counter-moves under WTO rules if Trump imposes tariffs.
Read more...Seeking Reader Sightings on the State of Flyover
Can readers tell us what they see over time from parts of the US off paths well trodden by MSM reporters?
Read more...Why Trump Is So Clumsy About Fighting ‘Free Trade’
Why what looks like a trade problem is really a financialization problem, and therefore there are much better solutions than using tariffs.
Read more...Is “US Energy Dominance” Overhyped? Top Experts Doubts Claims About Future Net Energy Exports
Why US energy production forecasts, specifically from shale plays, may be exaggerated in a serious way.
Read more...Weak States: Causes and Consequences of the Sicilian Mafia
Why it might make sense to pay heed on what the Mafia hath wrought….
Read more...Even McKinsey Gets It: High Wages Improve Economic Performance
McKinsey is turning on neoliberal orthodoxy by advocating high employment, high wage, high demand policies.
Read more...Stock Buybacks Hurt Workers and the Economy. We Should Ban Them.
The Reagan Administration ushered in stock buybacks as legalized manipulation. Time to put it to an end.
Read more...Trump’s Tariff Threat to Kick Off Trade War?
Trump is threatening to kick off a trade slugfest via tariffs on steel and aluminum. Will he follow through?
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