Prospects for Further Meaningful Wage Growth Are Dimming
Why the outlook for wage growth isn’t as sunny as the business press would have you believe.
Read more...Category Archives: Economic fundamentals
“Inflation’s Comeback”
Some at-times unintentionally revealing Serious Economist discussions of inflation risk.
Read more...Bill Black: New York Times’ Andrew Ross Sorkin Tries to Make Hank Paulson a Hero
As part of reviewing Obama’s legacy, Bill Black eviscerates how Sorkin’s book tried to exhonorate Hank Paulson for his crisis performance.
Read more...“In Case You Thought Trump Was Imploding….”
A cool-headed look at some Trump indicators.
Read more...Chinese Mortgages Tighten Fast
Chinese mortgages, which have been the driver of credit growth, are now hard to get. Is this just a short-term tightening?
Read more...Women Skeptical of the Women’s March
A critical appraisal of the Women’s March.
Read more...Zero Interest Rates in EU: The Myth of the Poor German Saver
The ordinary German is much less well off than most foreigners would assume.
Read more...Why the Dakota Access Pipeline Doesn’t Make Economic Sense
The math on the Dakota Access Pipeline doesn’t add up.
Read more...Will Trump Administration Let the IMF Escape from the Next Greek Bailout?
The IMF is at odds with the rest of the Troika about whether Greece can shoulder its debts. Will the IMF be forced to fund the next bailout?
Read more...“The End of Employees”
Why business expect to have even fewer employees.
Read more...Why the “Maximize Shareholder Value” Theory Is Bogus
Why the bogus shareholder value theory of corporate governance needs to die.
Read more...Rex Tillerson Backs Aggressive Policy in Disputed South China Sea as Exxon, Russia Eye Region’s Oil and Gas
Oil may be a big reason behind the Trump Administration’s aggressive stance towards China’s territorial claims in the South China Sea.
Read more...Does Saving Cause Lending Cause Investment? (No.)
Some data to debunk a widely-held belief about the relationship between saving and investment.
Read more...Demonetisation: India’s Stress Test
Did India’s sudden removal of 86% of hard currency from circulation achieve its aim of fighting corruption? And how much did it hurt growth?
Read more...Trumping Capitalism?
Will Trump change capitalism, and if so, how?
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