Category Archives: Economic fundamentals

Why the GOP Is Trying to Take Credit for Union Workers’ Infrastructure Victory

The feckless Dems get no respect, even on the rare occasions when they do the right thing, as with a recent infrastructure bill.

Central Banks and Income Distribution: Does the Taylor Rule Push Up Rentier Incomes?

An explanation of how a favorite Fed rate setting tool, the Taylor Rule, promotes inequality by shifting income away from workers.

Alt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western Sanctions

Andrew Korybko explains why the BRICS won’t move as quickly on the new reserve currency projects as enthusiasts suggest.

Energy Destinies – Part 7: Endgames – The Strait Jacket

A look at population growth and energy consumption shows that there is no way the world will change behavior enough to stop worst outcomes

Rage, Neoliberalism, and Phone Trees

How neoliberalism is contributing to the collective sour mood.

The Looming War Against China: Economic Logic Has Been Replaced by National Security Overrides

Michael Hudson provides a deep dive on the US’ and now its Western allies’ obsessive campaign against China.

Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt

A deep dive on developing country debt crisis and how they reveal the workings of international finance.

Michael Hudson: Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt

Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial order.

The Impact of Brexit on the UK economy: Reviewing the Evidence

Two-thirds of the British public think Brexit has damaged the economy, and all indications are that they’re right. Where does the UK go from here?

The United States’ Financial Quandary: ZIRP’s Only Exit Path Is a Crash

Michael Hudson takes a long, hard look at the origins and costs of the Fed’s ZIRP policy.

Economics v. the Earth: New Book Explores the History of a Tense Relationship

Fredrik Albritton Jonsson and Carl Wennerlind discuss how belief in infinite growth came to seem reasonable in philosophy and economics.

It’s Hard for Americans to Engage in China-Bashing Without Tripping on Contradictions

There are no doubt good reasons for Americans to be concerned about China, but our official justificaitons don’t stand up to scrutiny.

The New York Times Thinks Worker Suffering Is a Fair Price for Lower Inflation

Per the Times, inflation must be tackled, and the only way to do so is through lowering incomes and potentially jacking up unemployment.