Why Is The Fed Raising Interest Rates As Fast As It Is?
Musing on why the Fed is so eager to raise interest rates.
Read more...Category Archives: Economic fundamentals
Ilargi: Negative Interest Rates – Rogoff Cribs from Orwell and Kafka
The war on cash, to enable central banks to implement negative interest rates on ordinary citizens, continues.
Read more...Wolf Richter: Worst Restaurant Recession Since 2009 Dings Inflation
Stagnant restaurant sales show consumers are tapped out.
Read more...How to Break Austerity-Induced Stagnation?
The costs of sticking with obviously failed austerity policies just keep rising.
Read more...Crisis Revisionist History: Redating of Onset to Make Behind the Curve Central Bankers Look Better
It would be nice if people who made pronouncements about the financial crisis knew what they were talking about.
Read more...Facebook Now Out to Squish Even Newbie Potential Competitors
The Wall Street Journal gives a case study on how Facebook hounds even small fry competitors.
Read more...Flagging Productivity Growth – How Much Is Due to Bad Management?
Have management fads contributed to the fall in productivity growth?
Read more...Democrats Pushing the “Compete” Word to Justify Doubling Down on Failed, Middle-Class Destroying Neoliberal Policies
Democrats are now telling voters they only need to compete better…and offer policies that have repeatedly failed to “help”.
Read more...Austerity in One Country: The Case of Britain
A devastating review of the recent history of austerity in the UK.
Read more...Struggling but Stuck in Rural America
The Wall Street Journal describes why it’s so hard to escape struggling rural towns. Too bad its readers will hear none of it.
Read more...Why Tax Cuts for the Rich Solve Nothing
An update on Republican tax cut plans, and why they are economic chicanery.
Read more...Renegotiating NAFTA: The Role of Global Supply Chains
Unfortunately, redoing NAFTA in a way that benefits US workers is not a trivial task.
Read more...The Two Capitalisms: Electric Batteries as a Case Study in US Magical Thinking vs. Chinese Vertical Integration
Electric vehicle batteries illustrate how the Chinese use control of raw materials and end markets to built vertically integrated industries.
Read more...The US Antitrust Counter-Revolution
In case you doubted it, diminished antitrust enforcement, a rise in monopolies, and increased inequality are related developments.
Read more...How “Use of Machinery” Promotes Inequality and Social Upheaval
A prescient take from the 1840s on “machinery” versus labor and communities.
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