Category Archives: Economic fundamentals

Fed Shamelessly Gives Warnings of Vague and Ominous Risks While Saying Don’t Expect Us to Do Anything About It

The Fed tells the world: Don’t expect us to be ready for the next financial crisis. It’s just too hard.

Michael Hudson Q&A in Webinar on 4000 Years of Money and Debt

The Q&A from a Michael Hudson talk on money, debt, and economic orthodoxy.

Webinar with Michael Hudson: A 4000-Year Perspective on Economy, Money and Debt

Michael Hudson gives a long historical account of the role of debt and money as a tool for promoting prosperity and political dominance.

Mark Blyth – An Inflated Fear of Inflation?

Mark Blyth explains why inflation in the U.S., Canada, & E.U. is highly unlikely: a room for more government spending and higher wages.

Major Parties’ Climate Programs Are Miles Apart

As high as the stakes are, the struggle between the Dems and the GOP over climate change feels too much like intramural sport.

From an Un-Caring Economy to a Caring Economy: The Tax Justice Network Podcast, April 2021

“Caring economy” sounds awfully soft and fuzzy. However, it may finally be time to reject utlitarian views of how we organize our resources.

The Coronavirus Crisis Within the Economy Is Far From Over – Because Reopening Creates a Whole New Type of Risk

Whither the post-Covid economy, assuming a “post-Covid”? The answer depends at least in part on where you sit.

Softer Monetary Policy Increases Inequality

Quelle suprise! Asset-goosing loose monetary policy helps the rich more than the poor even in egalitarian Denmark.

Covid Is Hitting Workers Differently Than the Financial Crisis

Unlike the Great Recession, the pandemic has hit women workers harder than men, as well as the job prospects of lower education workers.

Applications for New Businesses Have a Double-WTF Moment

Federal data says new businesses are being formed in droves. But PPP fraud complicates this otherwise positive picture.

How China Is Offering an Alternative to the IMF

China has been setting up currency swap lines with many countries. But is this an idea that is ahead of its time?

Inflation in the Aftermath of Wars and Pandemics

Challenging the conventional wisdom that government responses to Covid will generate inflation.