Industrial Policy Coming Into Vogue After China Cleans US Clock by Using It
Industrial policy is an idea whose time has arrived in DC. Too bad the thinking seems stuck in the fad-chashing phase.
Read more...Category Archives: Economic fundamentals
Cuomo’s Incoherent “Come Back En Masse” Strategy Ignores Delta Dangers
Cuomo, like his Team Dem allies, insists the vaccines will allow him to stay the reopening course when Delta is throwing a big money wrench
Read more...Grassroots Fight for $15 Movement Has Won $150 Billion in Raises for Millions of Workers, Study Shows
The campaign to raise the hourly wage to $15 has been racking up successes, even if the press doesn’t much take notice.
Read more...CDC Reversal on Masks, Vaccinated as Covid Spreaders, While Boosters Look to Be Coming Late and Not Hugely Effective
If you weren’t worried about Covid, you should be, between rising infections and evidence of CDC incompetence.
Read more...Tom Englelhardt: Our Empire in Decline
Trying to understand America’s self-and-other-destructive empire fetish.
Read more...Andreas Malm Versus Property: ‘Because Nothing Else Has Worked’
Is going after property the only viable option for containing climate damage? Andreas Malm thinks so.
Read more...Hubert Horan: The Airline Industry Collapse Part 7 – Domestic U.S. Travel Picks Up but International Demand Remains Crippled
Hurbert Horan explains how major airline operators are still engaging in magical thinking.
Read more...Artificial Intelligence Wants You (and Your Job)
Yves here. Two things about increased automation frost me. One is its stealth or main purpose as forcing planned obsolescence. So irrespective of the impact on job/labor content, any savings won’t necessarily accrue to users. Two is automation/AI serving as an excuse to shift costs and tasks onto consumers. How many times do customer service […]
Read more...Financial Times: “Things Could Fall Apart for Biden”
Even Biden loyalists are getting nervous.
Read more...Reconstructing US-China Relations
Can the US and China be friends, or at least not so hostile? Jeffrey Sachs has some ideas.
Read more...Haiti Ruling Families Create and Kill Monsters
How Haiti is a fiefdom for gangs and foreigners pilfering the country’s natural resources.
Read more...Biden Targets Non-Compete Agreements, Which Restrict the Job Opportunities of Millions of Low-Wage Workers
Biden goes after non-compete agreements….but will this effort make a difference?
Read more...The Conflict Within OPEC Is Far From Over
Another byproduct of inflation generally and rising gas prices in particular is more eyes on OPEC.
Read more...Consumer Inflation Rises…Will It Draw the Fed’s Attention?
Inflation is hitting a few important sectors very hard. The Fed isn’t set up to contend with this problem, but will it try anyhow?
Read more...Bureau of Labor Statistics (Non) Reporting Tallies 8 Strikes in 2020 Versus Payday Report’s >1200
Tiny Payday Report does the Bureau of Labor Statistics to shame in tracking strikes in 2020. What gives?
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