The Merits of Fire Sales and Bailouts in Light of the COVID-19 Pandemic
Fire sales are not as detrimental as executives desperate to save their jobs would have you believe. That means bailouts may be overdone.
Read more...Category Archives: Economic fundamentals
Brexit: Wheels Coming Off
Brexit pains are becoming more and more evident.
Read more...Near-Term Covid Analyses Point to Risk of Medical System Breakdown, Other Severe Dislocations
The Covid situation is continuing to develop not necessarily to America’s advantage.
Read more...The Economic Impact of Ancient Colonisation
How ancient colonizers left an enduring economic footprint, even at the local level.
Read more...Having Dropped for Years, US Auto Sales Plunged to 1970s Level in 2020
More Covid road kill: auto sales.
Read more...“Build Back Better” Needs an Agenda for Upward Mobility
Why Biden’s “Build Back Better” could make a big difference for what was once the American middle class….charitably assuming he meant it.
Read more...Michael Hudson: Looking Forward to 2021
Micheal Hudson gives a sobering 2021 forecast.
Read more...2021: Year of Living Dangerously?
Does the West recognize how many emerging economies are dangerously close to breaking points? Can they control their bad neoliberal reflexes?
Read more...Economist Dennis Snower Says Economics Nears a New Paradigm
A perhaps too-upbeat take on the possibilty of big changes in the economics profession.
Read more...Epidemiological and Economic Consequences of Government Responses to the COVID-19 Pandemic
Another look at Covid containment strategies.
Read more...A Festive Message on Behalf of DiEM25 for 2021: “Because Things Are the Way They Are, Things Will Not Remain the Way They Are.” B. Brecht
Is Brecht our guide to 2021?
Read more...2021 Will Be Volatile
Richard Murphy’s 2021 forecast.
Read more...A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar
An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Read more...Polarization, Then a Crash: Michael Hudson on the Rentier Economy
Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Read more...Quick Notes on the Brexit Deal
Brexit: an undertaking of great advantage, but nobody to know what it is.
Read more...