Has Extreme Poverty Really Plunged Since the 1980s? New Analysis Suggests Not
A new analysis challenges the widely-held view that extreme poverty has fallen sharply, and finds a big reversal due to neoliberal “reforms”
Read more...Category Archives: Economic fundamentals
The Core Problem of Economic Inequality: How Much Is Too Much?
Experts accept that economic ineqality is inevitable. But how does one determine acceptable/producitve levels versus destabilitzing ones?
Read more...New Study Attempts to Candy-Coat Impact of Job Loss
A reader critical thinking exercise! Time to take a hard look at a study that argues that losing your job may not be all that terrible.
Read more...Peak Neoliberalism: Wall Street Journal Pearl-Clutches Over Lack of Mobility Due to High Housing Costs, Insufficient Pay
The Journal laments how mobility has fallien while averting its eyes from how neoliberalsm and rentierism are the drivers.
Read more...James Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check
James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...Michael Hudson: Europe’s Surrender
Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS
Read more...Alfred McCoy: Controlling the ‘World Island’
More on Alfred McCoy re how how H.J. Mckinder’s “world island” has shaped Western strategic thinking, here with respect to the Pacific
Read more...The China Shock Hits Germany
How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.
Read more...Stagflation Watch for the US Economy as a Whole
Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction
Read more...Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South
If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?
Read more...Trump Threatens India With Secondary Sanctions Over Russian Oil Purchases. What Next?
Trump’s attempt to bully India into dropping Russian oil buys is not succeeding. What happens now?
Read more...Economists Wake Up to West’s Trade and Technology Dependence on China
Useful data on and discussion of China’s dominance of inputs and technologies essential to the West.
Read more...Europe’s Energy Future Hinges on Global Powers
The EU’s energy transition goals (and so much else) are becoming increasingly reliant on trade and tariff policies from the US and China.
Read more...Michael Hudson: From Babylon to Wall Street – How Bankers Make You Poor
A wide-ranging historical discussion with Michael Hudson, tracing the destructive rise the power of lenders from ancient times to today.
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