Yves here. It is remarkable how Trump seems to need to have his name in the hot lights, um, the headlines, all the time and is able to do so. Admittedly, liking bold gestures for their own sake, as opposed to whether they make any sense, helps by giving way more degrees of freedom. As […]
Read more...Trump’s use of broad-based tariffs to promote industrialization have repeatedly failed. There’s no reason to expect different results now.
Read more...How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.
Read more...Chanos looks at a broad range of investment hot topics, from cypto to AI, and sees vastly more speculation than value creation
Read more...Why the Intel deal is a so far small negative for the chip-maker, but still gets Team Trump tar-babied to the low likelihood of a turnaround.
Read more...Powell threw Mr. Market and Trump a bone by hinting the Fed might cut rates in Sept. But the Fed lacks good options with stagflation looming
Read more...Resource stresses are rising in many parts of the world. How long before we see political ruptures, including on a Arab Spring level?
Read more...A new study finds that industrial policy pays off, even after factoring in the cost of retaliation. So when will neoliberals wise up?
Read more...A new analysis challenges the widely-held view that extreme poverty has fallen sharply, and finds a big reversal due to neoliberal “reforms”
Read more...Experts accept that economic ineqality is inevitable. But how does one determine acceptable/producitve levels versus destabilitzing ones?
Read more...A reader critical thinking exercise! Time to take a hard look at a study that argues that losing your job may not be all that terrible.
Read more...The Journal laments how mobility has fallien while averting its eyes from how neoliberalsm and rentierism are the drivers.
Read more...James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access
Read more...Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS
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