Richard Murphy: Why the Swiss Referendum Proposal of Giving the Central Bank Complete Credit Control is Dangerous Folly
Correcting some misunderstanding about proposed monetary reforms that are the subject of a referendum this weekend.
Read more...Category Archives: Economic fundamentals
Trade Wars: How Exposed Are EU States and Industries to the US?
Taking a more granular look at how a trade war with the US might hit the EU.
Read more...More Evidence of Increasing Deflationary Pressure on Wages
Bosses on wages: “No more raises for you!”
Read more...Brexit Becoming More Unpopular as Yet More Warts, Like VAT Administration, Come Into Focus
The latest Brexit updates aren’t very cheery.
Read more...NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades
Markets wail and gnash their teeth as normalization of Italian yields sets in.
Read more...How Media Amnesia Has Trapped Us in a Neoliberal Groundhog Day
How the media became the useful idiot of neoliberalism.
Read more...Italy’s Political Crisis….How Ugly Might It Get?
Identifying issues that may influence how Italy’s political crisis over the rejection of a Lega Nord-5 Star economy minister plays out.
Read more...Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts
I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
Read more...How Institutional Dysfunction Has Enabled Poor Economic Policy Thinking
How economic research practices and the role of academic journals helped create and reinforced an orthodoxy that was able to miss that the crisis was coming.
Read more...Here’s How Money Is Destroying the World Through Addiction
See this problem for what it is: A loosely organized group of global addicts getting together to figure out ways to enrich each other financially.
Read more...Understanding Right and Left Populism
Experts appear to have understated the role of economic insecurity in sparking the rise of populism.
Read more...The Populism Backlash: An Economically Driven Backlash
Quelle surprise! The rise of populism correlates strongly with increases in economic insecurity.
Read more...To Reform Capitalism, Look to Marx
A high-level discussion of the re-imaging of the word “capitalism”.
Read more...IEA: High Oil Prices “Taking A Toll” On Demand
Mr. Market may not yet take issue with rising oil prices, but the real economy is starting to register the pinch.
Read more...Official Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12%
Why the headline unemployment numbers give a wildly rosy picture of the state of US labor markets.
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