Category Archives: Economic fundamentals

Wolf Richter: Desperate “Dumb Money” from China Now Chasing Unicorns

The influx of money from China is increasingly going into bubbly markets and sectors.

Krugman Then and Now on Trade

Krugman shifts ground (yet again) as hostility to the negative effects of trade deals appears to be a big component of Sanders’ Michigan upset

The IMF and the Next Crisis

The IMF is now expected to be the first responder to a financial crisis when it may be less well equipped than in the past.

Energy Wars of Attrition

What looked like a masterstroke by the Saudis has turned out to be the energy industry version of trench warfare.

Gerald Friedman Responds to the Romers on the Sanders Plan: Different Models, Different Politics

Gerald Friedman explains that the difference between his results and that of the Romers on the Sanders plan is the result of using different models.

Why the Oregon Refuge Occupiers Had a Legitimate Grievance…..Just Not the One They Went After

Small ranchers are being squeezed and the Oregon refuge occupiers had real grievances, but the wrong target.

Ilargi: China – A 5-Year Plan And 50 Million Jobs Lost

Why China will be unable to escape the loss of millions of jobs.

Galbraith: Attack on Sanders’ Economic Plan By Former Chairs of the Council of Economic Advisors Irresponsible

Jamie Galbraith discusses in some detail why Gerald Friedman, a Clinton supporter who gave a favorable review of Sanders’ economic plan, is owed an apology by his detractors.

China Continues to Focus on Growth, Not Reform

Growth remains a top priority in China, but how will the central government achieve it?

Life after Brexit: The UK’s Options Outside the EU

What are UK’s options if a majority votes in favour of Brexit this June?

The Implications of Brexit for the Rest of the EU

Brexit would leave the EU an even more impaired regional and geo-political player than now, when it already punches far below its economic weight.

The Modi Government and India’s Economy

Why is India experiencing so much political upheaval when it has one of the fastest growing economies in the world?

Was Clintonomics Good for Working People?

Why Clintonomics does not live up to its PR.

James Galbraith Describes Major Forecast Failure in Model Used by Romers to Attack Friedman on Sanders Plan

James Galbraith examines the used forecast by Christine Romer and David Romer to attack Gerald Friedman’s favorable review of Sanders’ plan. He’d already shellacked the methodology in a 2014 book.