The Chip Shortage: Brought to You By American Neoliberalism
While the chip shortage will sort itself out in the next six months, the US can’t remedy its dependence on foreigners for critical supplies.
Read more...Category Archives: Economic fundamentals
Why U.S. Labor Laws Need a Major Update—The PRO Act Is a Great Start
Biden is proposing some significant changes to labor law. Does the legislation live up to its billing?
Read more...The Most Fragile Oil Price Rally In History
Some of the economic forecasts underlying the bullish oil price views are so sunny I’m gonna need shades.
Read more...The Dangers of Sustainability Metrics
A favorite topic: the downside of fetishinzing metrics.
Read more...Monetary Policy and Racial Inequality
Monetary policy does not lift boats in at all the same way.
Read more...One Year After the Collapse of the Airline Business Began: What’s the Status Now?
Collapsed revenues, astronomical losses, red-hot cash-burn, hellish new debt. Meanwhile, amid craziest markets ever, airline shares soared.
Read more...Goldman Is Evil But McKinsey Is Worse
Why the McKinsey veneer is looking tattier and tattier with every passing day, and why that’s not likely to change.
Read more...Michael Hudson – Changes in Super Imperialism
Michael Hudson recaps his classic Super Imperalism and extends it to the 21st century struggle for dominance among the US, China, and Russia.
Read more...Negative Interest Rates Are Coming, but There Is No Chance That They Will Work
Negative interest rates: a bad idea that some central banks still can’t resist.
Read more...“The Vibe in North Houston”: A Report on Working Class Men Betrayed and in Angst
An account of working class men on the boil.
Read more...As COVID Rages, Bankruptcy Cases Fall…..For Now
The good news about bankruptcy under Covid is not likely to last.
Read more...Epidemic of Despair Could Haunt America Long After COVID
The pandemic may have severe after-effects, with deaths of despair impacting more distressed and newly-vulnerable populations.
Read more...‘Will End Up Hurting Tens of Millions’: Progressives Push Back as Dems Weigh Lower Income Cutoff for Stimulus Checks
“Means testing is a form of austerity. Scaling back on stimulus would be a mistake.”
Read more...Some Implications of the GameStop Short Squeeze
The seeming success of the GameStop short-slayers could in the long run come at high cost to some of them and most of us.
Read more...Elizabeth Warren’s Not-Ready-for-Prime-Time Robinhood/GameStop Intervention
Elizabeth Warren is back in swinging hard, but she’s not yet connecting with the balls.
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