Anecdata on the Restructuring of the Russian Economy
A report from a Russian working abroad about the effect of the war on his industry.
Read more...Category Archives: Economic fundamentals
Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation
Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.
Read more...The Post-Covid Global Economy: Could Negative Supply Shocks Disrupt Other Fragile Systems?
Continuing shocks to the economy threaten the stability of democracies that already show significant signs of fragility
Read more...Davos Elite Won’t Tackle Climate Crisis and Global Inequalities
Quelle surprise! Change on crucial issues of climate and inequality is unlikely to emerge from the World Economic Forum.
Read more...Google’s Stock Climbed After It Fired 12,000 Employees—But What Did They Get Out of It?
Tech companeis laying off tens of thousands of employees, underscoring their fixation on short-term performance metrics.
Read more...Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wage Growth
elle surprise! “Growing consolidation in localized hospital markets appears to restrict nurse wage growth.”
Read more...Will Russia Opt to Continue the War into 2024?
It isn’t just that time is generally on Russia’s side. Russia likely needs to grind on and on to achieve its ultimate aim, security.
Read more...Why China’s Shrinking Population Is a Big Deal – Counting the Social, Economic and Political Costs of an Aging, Smaller Society
Is the press unduly excited about the start of China’s expected demographic decline?
Read more...Collapse Revisited: Climate Change and the Development of Middle-Income Countries
Middle income countries are unwilling to put groaf on hold to blunt climate change…and they do have a point given the lack of serious plans
Read more...Oil Prices Rally As Confidence In A Global Economic Rebound Grows
Oil prices have perked up and oil price moves can lead market rallies. Is this a false positive or an early sign?
Read more...Paging Dr. Freud: Schizophrenic Reports on Mood of Davos Man
Unfortunately, it’s prudent to be mindful of what our Davos overlords are plotting. But they seem mighty unsettled.
Read more...Natural Gas Futures in Europe Plunge 15% Today, Down 84% from Crazy Spike
Gas swan dive due to LNG glut in China?
Read more...Economists Radhika Desai & Michael Hudson Explain Multipolarity, Decline of US Hegemony
The new year gets off to a rousing start with the launch of a new bi-weekly talk show with Radhika Desai and Michael Hudson.
Read more...Washington Has Trouble Refilling the Strategic Petroleum Reserve After 220 Million Barrel Draw
Oopsie! Mr. Market is not cooperating with the Biden plan to replenish the Strategic Petroleum Reserve at prices better than $70 a barrel
Read more...50 Years After Allende at the UN: a Corporate Triumph Named Multistakeholderism
Allende was early to warn of multinational threats to product safety, labor regulations, and other protections. Sadly corporate interests won.
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