Category Archives: Economic fundamentals

With Official Unemployment This Low, Why Are Wages Rising So Slowly?

Why has wage growth been lousy in a supposed recovery? Thank your politicians for fostering the growth of the precariat.

Money: The High Cost of Betrayal

The misrepresentation of how the US money system works is worse than mere economic malpractice, which is already pretty common.

Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100

Astonishingly, climate change accords like Kyoto and Paris ignore the impact of trade. That omission means our collective goose is cooked.

Another Brexit Mess: “Grandfathering” Existing Free Trade Agreements Looks Unlikely

Another item on the Brexit problem list: what to do about free trade agreements that will cease to apply to the UK on Brexit day.

A Transatlantic, Transpacific or Eurasian Global Economy?

Which nexus – Transatlantic, Transpacific or Eurasian– is likely to dominate global trade?

Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.

A detailed and well-argued explanation of how the growth in the role of financial markets has become destructive.

Government Shutdown Once Again Shows the Lies Behind Deficit Hysteria

How the wealthy use deficit scaremongering to keep wages down and stave off calls for more investment and social spending.

UK Asks the Rest of the World to Be Super Duper Nice and Act as Its Old Deals Are Still Valid Post Brexit

Yet another Brexit train wreck.

Protests in Tunisia Over IMF-Promoted Policies….for Good Reason

Why the IMF’s standard prescription is a poor fit for Tunisia.

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.

Economies of States Versus Economies of Cities

Why are some cities doing better than the states they inhabit?