Ukraine’s Desperate Search for War Funding Hits Local Budgets
Ukraine’s local authorities are undes serious budget stress despite government assurances of support
Read more...Category Archives: Economic fundamentals
Theories of Economic Crises
How different economic theories, or more accurately, stories, about crises, have profound impact on policy.
Read more...The Humanitarian Case for Another Arab Oil Embargo
Will the Gulf States again use an oil embargo to increase leverage against the US and Israel?
Read more...Russia, China Unite Against US Empire
Michael Hudson on China’s wobbles, Russia-China cooperation, the revolt against colonialism and neoliberalism, and the conflict in Gaza.
Read more...The Need to Disarm the Discourse on China
On US escalation versus China, particularly on the PR front.
Read more...WSJ’s Greg Ip Discusses China Crisis Risk
Fed whisperer Greg Ip expresses cautious concern about China, based on the latest IMF forecasts.
Read more...After Poland’s Elections: Democracy and Keynesianism?
A divergent take on Poland elections: PiS lost becaue it promised to address the costs of 1990s shock doctrine but then did little.
Read more...How Widespread Is Price-Fixing in the US Economy?
DOJ finally goes after Agri Stats, a company notorious for helping the meat industry gouge producers, stores and consumers. Will the move serve as a warning for other industries?
Read more...Acceleration of Inflation Continues, Core Services Inflation Spikes Despite the Massive Health-Insurance Adjustment
A year of health-insurance adjustments pushed down core CPI and core services CPI; inflation adjustments swing the other way next month.
Read more...September Producer Prices Confirm Tailwind of Falling Commodity Prices Has Ended
The commodity price break, which worked its way down to consumers, is ending. What next?
Read more...In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023
The impenetrability of this continuously expanding Ptolemaic New Keynesian monetary paradigm is maddening.
Read more...EU’s Full Gas Storage Doesn’t Eliminate Supply Risks
Filling in details on how far gas storage goes in meeting EU needs over the winter, and the other measures it uses to assure supply.
Read more...Michael Hudson: A BRICS+ Bank: How Would It Really Function?
Michael Hudson clears up some of the considerable confusion about what a new BRICS “currency” would amount to.
Read more...American Society Wasn’t Always So Car-Centric. Our Future Doesn’t Have To Be, Either.
The surprising history of the car in the U.S. offers hope for a shift toward more climate-friendly transportation options.
Read more...Crisis Risks Looming, UK Edition
While a UK crisis is not yet brewing, there are plenty of worrisome developments that could keep moving in the wrong direction.
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