“How Much Longer Can We Trust Our Economic Statistics?”
Trump budget whackage will further degrade the quality of official statistics. And that really does matter.
Read more...Category Archives: Economic fundamentals
Michael Hudson: Today’s Civilizational Conflict
A new article by Michael Hudson, an extract from an upcoming book, gives a long view of colonial exploitation and China as a counter-model
Read more...Uneven Vulnerabilities: A Global Index of Climate Risk for Countries
A new paper rates 170 countries for climate risk exposure. This ambitious and imporant exercise neverthless seems to have key gaps.
Read more...Why Inflation Sticks Around: The Role of Class Warfare in Price Persistence
A new twist on inflation: how workers and corporates trying to preserve their financial position has the effect of perpetuating inflation
Read more...“The Corporate Takeover of Housing”
Debunking some widely held misperceptoins about why US housing is so pricey.
Read more...Chinese Government Tries to Combat Destructive Deflation. Will It Succeed?
The economic hazard of deflation is already stalking China, to the degree that even Xi is trying to take it on.
Read more...Hayek’s Bastards and the Rise of Neoliberalism
The Neoliberal turn of late capitalism [1] rules our world. Quinn Slobodian has become the voice of our time in explaining how this has happened and why. In Globalists The End of Empire and the Birth of Neoliberalism (2020), he described, among other things, how the Liberals of Central Europe who became Neoliberals were most […]
Read more...Yanis Varoufakis: Who Needs Marx in 2025?
To free ourselves from our technofeudal overlords, we must think like Karl Marx.
Read more...Dutch Industry Buckles Under Energy Transition and Global Pressure
High energy costs in Europe, largely due to sanctions against Russia, has spread the gangrene of de-industrialization to the Netherlands
Read more...Possible Kraft Heinz Breakup: A Buffett Investment Failure, Thanks to Healthier Tastes Among the Better Off and Need for Better Bargains for the Rest
A badly under-perfoming merger, Kraft and Heinz, is set to be reversed. Did that deal undermine the giants adapting to changing tastes?
Read more...“Europe Won’t Need Russian Gas in the Future”
Europe celebrates its economic suicide by continuing down the path of achieving independence from cheap Russian gas.
Read more...Food Giants Graded a “D” on Sustainable Farming Practices
More fiddling as the planet burns and soil quality degrades, as big agricultural buyers give lip service to regenerative farming.
Read more...Del Monte Foods Goes Into Bankruptcy: A Trump Tariff Casualty
Struggling Del Monte Foods keeled over due to its exposure to steel and aluminum cost increases from ‘Trump’s tariffs.
Read more...Trump Just Gave a Huge Gift to China’s Economy
The GOP’s huge new tax and spending law will make it even harder for U.S. companies to compete in clean technologies.
Read more...Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken
Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
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