The Global Corporate Saving Glut
The corporate savings glut has been long in the making. It’s a sign of capitalists abandoning their role of investing to pursue growth.
Read more...Category Archives: Economic fundamentals
The War on Poverty, Then and Now
President Johnson’s War on Poverty reduced on poverty rates, but progress stalled over 40 years ago. But things would be even worse otherwise.
Read more...Kansas’ Idea to Keep Businesses (and Small Towns) Alive When Owners Retire
Kansas devises a clever idea to help local communities. Will it go national?
Read more...Wolf Richter: This Economy is Ruined for Many Americans
The lower tier of the two-tier economy is not faring at all well.
Read more...Ilargi: Our Economies Run On Housing Bubbles
A look at the long-term role of home price bubbles in multiple countries.
Read more...The Paradoxes of Fiscal Austerity in Brazil
Brazil as a test case of austerity per neoliberal theory v. outcomes.
Read more...Inequality in the US: A Tale of Two Countries
A look at US inequality, before and after tax and transfers.
Read more...Inequality Update: Who Gains When Income Grows?
In a perverse reversal of historical norms, more growth produces more inequality as a result of economic policy and changes in legal rights.
Read more...MIchael Hudson: The Democracy Collaborative
Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...Trump Can’t Save Coal
Why Trump isn’t bringing coal jobs back.
Read more...A More Equitable Economy Exists Right Next Door
Meet Quebec’s social economy.
Read more...Michael Hudson: Trump is Obama’s Legacy. Will this Break up the Democratic Party?
The Democratic Party will keep losing as long as it remains the party of “no hope or change” for the 95%.
Read more...Magnus: China Must Reform or Bust
China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.
Read more...Is Trump Going to Punt on H-1B Visa Reform?
The lack of updates from the Trump Administration about H-1B reform suggests it will miss a key window of opportunity.
Read more...Will Amazon Destroy More US Jobs Than China?
Why Amazon will destroy a lot more jobs.
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