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...Category Archives: Economic fundamentals
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.
Read more...Russia’s Budget Deficit Jumps Amid Plunging Oil Revenues
Russia had a budget shortfall due to a fall in energy-related tax receipts. How serious a problem is this development?
Read more...The Economics of the Ukraine Proxy War with Michael Hudson and Radhika Desai
A meaty discussion of the broader implications of the war in Ukraine.
Read more...James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy
Read more...Employment of “People with a Disability” Spiked to Record in Hot Labor Market. Applications for Disability Benefits Fell to 20-Year Low
Covid-induced labor market tighteness is giving people with a disabilty more access to jobs than evah.
Read more...US Inflation Policies Slowing World Economy
The Fed is playing killer of the current inflation even though it isn’t set up to do so. That’s hurting a lot of innocent bystanders.
Read more...An Old, Small Opening Salvo v Russia? 2013 Bank Bail-In “increasingly has the smell of a proxy Germany v. Russia struggle through Cyprus”
A closer look at an old Eurozone banking crisis shows how Cyprus was (at least to a degree) used to get at Russia.
Read more...Anecdata on the Restructuring of the Russian Economy
A report from a Russian working abroad about the effect of the war on his industry.
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