China and US: Stumbling into War?
China and the US are doing an awful lot of chest-poking, and if anything, it’s getting worse under Biden. Could this sparring lead to war?
Read more...Category Archives: Economic fundamentals
Preparing for a Wave of Non-Performing Loans: Are Banks at Risk?
On a aggregate basis, EU banks appear to have enough capital to weather even a bad Covid storm. A country-by-country look tells another story.
Read more...Chicago School Economists Got it Wrong. Strong Antitrust Policy Boosts the Economy.
History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy.
Read more...Will Biden’s Central American Plan Slow Migration (or Speed It Up)?
Biden”s Central America plan includes US funding of domestic security forces to keep citizens put and support foreign economic exploitation.
Read more...We Have to Consign the Era of Financial Engineering to History
Financial legerdemain is still very much with us, despite the Big One in 2008 and continuing distortions confirming its high cost.
Read more...Philanthrocapitalists: The Pied Pipers of ‘Modern Slavery’?
Hundreds of millions of dollars for anti-trafficking/slavery sidesteps how rich countries exploit labour in poor nations.
Read more...Our Collective Long Covid
Why Covid will be with us for a very long time.
Read more...Austerity Raises Covid Deaths
Mortality and economic data show that stingy government spending and resistance to redistrbution have increased Covid health costs.
Read more...Sick Unicorns: America’s Broken Start-Up System
Unicorn startups are even more unprofitable than those that did not achieve unicorn status.
Read more...Rising Temperatures, Melting Ratings
Taking a stab at how global warming will affect bond ratings in the intermediate and long term.
Read more...Bitcoin, Easter Island-ism, and the Cowardice of Green New Dealers
A pox on hypocritical environmentalists who are nowhere to be found in demanding a stop to pointless, energy profligate Bitcoin.
Read more...Cabin Fever: Americans (of Means) Keen to Travel. How Many Will Play it Safe?
The travel genie is about to leave the bottle.
Read more...We May Be Living in a Moment of Misplaced Optimism
The current bout of optimism looks too close to giddy for my comfort. And yours?
Read more...Scoring the $1.9 Trillion Stimulus Plan and Earlier Covid Relief Programs
How to do a better job of getting relief to those who need it.
Read more...Patent System Often Stifles the Innovation It Was Designed to Encourage
Why the US patent regime is broken and what could be done to fix it.
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