Dave here. The markets have taken a beating in 2016, and while the fallacy of thinking the market=the economy seems like an oversimplification, this post provides a competing viewpoint that, without taking a position in affirmation or dissent, I thought I would offer up for discussion. For some background, you can read Edward’s other posts […]
Read more...How the struggle over who controls the commons, the monied classes or a broader group of citizens, reveals the fundamental contradictions of capitalism.
Read more...Are the eurozone’s continuing woes the result of its incomplete construction or because of policy errors in responding to the crisis?
Read more...Standard & Poors warns of the worst drop in the “net outlook bias” for bond investors since the financial crisis.
Read more...The fundamental contradictions of neoliberal capitalism are pushing it to the breaking point.
Read more...Low and generally volatile oil prices are a prescription for more political instability in major oil producing nations.
Read more...Although the case study is the UK, this post is yet another example of how counterproductive austerity is, from both an economic and a social perspective.
Read more...Germany is very upset that Poland has voted in a populist, Euroskeptic, anti-austerity government. And Germany is particularly unhappy that the new regime is increasing its control over public media….which Germany already has in place.
Read more...A new article makes a devastating attack on a fundamental belief driving Eurozone policy, that the member economies need to be made more “competitive,” meaning labor needs to be squeezed, for the currency union to achieve more growth.
Read more...Bond yields warn of deflation. How real is this worry?
Read more...How tight linkages among phenomena, such as oil and commodity prices, and flagging non-elite wages, are about to cause substantial economic disruption.
Read more...China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...A list of some of the factors driving the recent market upheaval in China. Readers will hopefully add to and refine this compilation.
Read more...A new paper puts another nail in the coffin to the idea that lowering corporate tax rates will boost growth.
Read more...The factors that dragged down the global economy in 2015 will persist – and in some cases worsen – in the new year.
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