Category Archives: Economic fundamentals

How Biden Can Win on the Economy: Stop Mass Layoffs

Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?

Yellen and Biden Administration Incompetence: Bullying and Entitlement, Rather Than Making a Case, Here Regarding China Overproduction

Yellen made a complete hash of the question of Chinese overcapacity, a real problem unlikely to sort itself out nicely.

Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral

The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.

Real Energy Transition Costs Could Spell Danger for EU

The EU is belatedly confronting the costs of their much-touted energy transition. Pols and voters are balking at the bill.

No Exit: Western Imperialism, Capitalism, and Industrialization

Is industrialization the original sin of both capitalist and Communist/socialist economic systems?

BRICS Enlargement – a “Non-Event” or a Stage Victory Against the West?

What does BRICS want to be when it grows up?

Europe’s New Fiscal Rules Harm Working People and Women, Boost Right-Wing Radicals

New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.

China’s Local Government Financing Vehicles (LGFVs): Ponzi Finance on Steroids

How China’s local government financing vehicles (LGFVs) became China’s most complex economic challenge.

“On a Relative Scale, There’s a Strong Case that Financialization Is Worse in the PRC than the US”

On a relative basis, China is more financialized than the US which is not a pretty picture.

The Energy Transition: Technology Versus Political Backlash

A look at some of the reasons why the energy transition is running behind schedule.

A World Without Insurance: A Climate-Future Look at Property Values

Home insurance will become catastrophically expensive and may even vanish in some parts of the US. What happens then?

Yellen Trip to China: Biden Administration Presumption and Cluelessness on Display

The US is at it again with China, despite acting like it wants to repair fractured relations.

Electric War Goes West – Depopulation Turns Into Displacement Turns Into Civil War in Galicia

More on how Russia is expected to use its electric supply attacks to depopulate key Ukraine cities.

Yanis Varoufakis: Greece, EU Elections, Palestine & the International Order – JACOBIN Interview with David Broder

Varoufakis weighs in on topics of keen interest: the looting of Greece, then and now, the European left, and Palestine.