Do Billionaires Destroy Democracy and Capitalism?
The US can draw on its Gilded Age to bring its billionaires to heel.
Read more...Category Archives: Economic fundamentals
Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.
Read more...Americans’ Hunger During the Coronavirus Pandemic – Here’s What’s Happening in Los Angeles County
More and more Americans are suffering from hunger due to Covid economic stress, as Los Angeles demonstrates.
Read more...Macroeconomics, Money (MMT Style) and Post-Brexit Recovery, All in One Twitter thread
Money, lending, government spending, QE….all explained in one tidy post!
Read more...It’s Time to Break Up Britain
The Tories’ shambolic, self-serving rule has stoked interest in Britain breakaways by Scotland and even Wales and the North. But are they viable?
Read more...Polarized Pandemic Response and Covid-19 Connectedness Across US States
US data shows that strict responses reduce Covid outbreaks, and less stringent (Republican) states spread disease to each other.
Read more...Jamie Galbraith: How Jason Furman and Lawrence Summers Reinforce a Destructive, Debunked Mainstream Paradigm to Support Deficit Spending
To defend deficits, Furman and Summers relied on debunked theories, thus preserving destructive mainstream economic ideas.
Read more...Brexit Chaos Was Entirely Predictable Because the World Works on Routine, and Brexit Breaks All the Routine Systems on Which Trade Has Relied
Brexit disruption has started even with a skimpy deal still theoretically possible.
Read more...Why America’s Future Depends on Rebuilding Our Factories
Bringing factories back to the US would have been a good idea 20 years ago. Hard to see how we get there from here now.
Read more...Is It Time for a Debt Jubilee?
Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.
Read more...Millions of Tenants ‘Headed for Absolute Disaster’ After New Year, Owing Average of Nearly $6,000 in Rent and Utilities
The clock is ticking for underwater tenants, and Congressional relief looks set to be too little, too late.
Read more...Business and Related Restrictions Appear to Curb COVID-19 Fatality Growth, But Some Do Not
An examination of particularly Covid-containment strategies in terms of cost versus effectiveness.
Read more...Rana Foroohar and Mark Blyth on Democrats Trying to Please Too Many Money Masters at Once
The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Read more...The Jobs Report is a Mess, December Will Be Messier
The Nov. 14 cut-off kept most of the Covid spike impact from the jobs data. And there’s underying decay due to globalization.
Read more...Green Growth vs Degrowth: Are We Missing the Point?
A broad discussion of the climate change growth versus degrowth debate and how to move forward despite those differences.
Read more...