Inflation Targeting and Neoliberalism, Part 2
Why inflation targeting is a destructive practice.
Read more...Category Archives: Economic fundamentals
A Global Marshall Plan for Joblessness?
Time for a Marshall Plan for unemployment: no workfare, no bullshit jobs, no compulsory work, no digging holes. Start with a Green New Deal.
Read more...As Clinton Looks Vulnerable, Event Risk Favors Trump (and Sanders)
When Donald Trump became the presumptive Republican nominee, you could almost hear the glee from Camp Clinton. Lambert called the tweets from her supporters “giddy”. The pundits saw Advantage Clinton in her presumed lock on women, blacks, Hispanics, as well as the divide of red versus blue states working in her favor. Yet the body […]
Read more...Lynn Parramore: Austerity Without Debt Relief Courts New Unrest in Greece
Economist James K. Galbraith warns that ‘unrealistic expectations’ by creditors of Greece is a recipe for turmoil
Read more...Germany Blinks on Giving Debt Relief to Greece….or Did It?
Despite press reports to the contrary, in this year’s game of chicken over the Greek bailout, it looks like the IMF, and not Germany, blinked.
Read more...The Minimum Wage Increases = Job Loss Myth
Repeat after me: study after study shows that minimum wages increases don’t lead to job losses.
Read more...Inflation Targeting and Neoliberalism
An interview on inflation targeting and its implications.
Read more...Naked Capitalism’s Diptherio Discusses Flaws in Unemployment Reporting
Lies, damned lies, and statistics, unemployment report style.
Read more...TTIP: We Were Right All Along
The European Commission’s claim that the TTIP is aimed at ‘help[ing] people and businesses large and small” is shown to be a flagrant falsehood.
Read more...When Commodity Prices Fall
Decomposing the drivers and effects of commodity price swings.
Read more...Lessons from Iceland, Where Offshore Created an Onshore Bubble Free of Rules and Regulations
In Iceland, the rapid growth of offshore, meaning tax evasion, along with harmful, even criminal, practices produced a massive boom and bust.
Read more...Is Gasoline Demand the Biggest Red Herring In Oil Markets?
Gasoline demand distracts from the more important subject that there is no fundamental reason for the current oil-price rally.
Read more...“Free Trade” in Trouble in the United States
“Free trade” policies, in a world of substantially liberalized trade, no longer elicit knee-jerk support. About time.
Read more...Inequality Kills: Top 1% Lives 15 Years Longer Than the Poorest
Inequality kills, as the death gap between the richest and poorest rises to 15 years in the US.
Read more...Greenpeace Leak Exposes Big EU-US Rifts, US Thuggishness, in TTIP “Trade” Negotiations
A leak of a major set of TTIP documents may throw a spanner in the works of a deal that is already contested in the US and EU.
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