Wall Street Journal: “US Is Not Yet Ready for Great Power Conflict” Yet Still Plots Against China
The US seems obsessed with China, yet effectively admits it is behind and unlikely to catch up. And it too quickly dismisses Russia.
Read more...Category Archives: Economic fundamentals
America’s Chips War With China: Another Sanctions Backfire Coming?
Biden Administration officials are pleased as punch with their targeting of China’s supposed Achilles heel: dependence on US designed chips.
Read more...What If the World Cannot Save the World from Climate Change?
How climate change reveals a crisis of international governance.
Read more...New York Fed Identifies a New Way Dollar Hegemony Is Not Good for Emerging Economies and Other Growing Things
Another mechanism by which US does harm through our indifference to to the impact of our dollar/interest rate policies on other countries.
Read more...At the Brink of War in the Pacific? The Nightmare of Great Power Rivalry Over Taiwan
In pressing the Taiwan hot button, is the US misreading China’s capabilities and networks just as it has Russia’s?
Read more...The Fiscal Side of Europe’s Energy Crisis: The Facts, Problems and Prospects
A deep dive into the costs and impact of the recent, large-scale European energy subsidies.
Read more...Losing Out in Critical Technologies: Cisco Systems and Financialization
Cisco turned from innovation to financialization, weakening the position of the US information-and-communication-technology industry
Read more...Why News of Population Decline and Economic Slowdown Isn’t Necessarily a Bad Thing
Why handwringing about population decline is the wrong reaction.
Read more...Can the Phillips Curve Explain Recent Wage Growth?
Contrary to what many have claimed, wage growth in the fourth quarter of 2022 was actually in line with what a standard Phillips curve model predicts.
Read more...Who’s Winning and Losing the Economic War Over Ukraine?
A stocktaking on the impact of the economic sanctions against Russia.
Read more...An Inconvenient Apocalypse
Authors Jackson and Jensen argue that we need an acopalypse, as in a full recognition of conditions, to make radical envirnmental changes.
Read more...Annual Services Inflation Rages at New Four-Decade High, Monthly Overall CPI Hottest Since June
Inflation is still very much with us….as if you didn’t know that.
Read more...Slavery and the British Industrial Revolution
An update on the debate on the role of slavery in Britain’s growth during the Industial Revolution.
Read more...Understanding Money and the Dollar System: Radhika Desai & Michael Hudson at Geopolitical Hour
Michael Hudson and Radhika Desai discuss the dollar regime and its prospects.
Read more...The Correlation Between Oil Prices And Inflation Isn’t Straightforward
More debate about the role of energy price increases in consumer inflation.
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