The European Union’s Fateful Choices for Recovery – An Italian Perspective
To fight COVID-19, the European Union must recognize that spending restraints have to go.
Read more...Category Archives: Economic fundamentals
Covid-19 Bankruptcies Bleeding Out Jobs, Economic Capacity
Covid-19 bankrupties show how the disease is draining the economy.
Read more...What to Do if COVID-19 Is Here to Stay
If Covid-19 can’t be beaten soon, how do we cope?
Read more...Another Town Is Possible: Community Wealth Building in the Basque Country
Yves here. Readers sometimes ask for success stories to show that there are possible paths out our present economic and social morass. The Basque has long operated a collective ownership model centered around Mondragon. And it has been successful in protecting the community from economic crises. I was in Portugal and Spain, by happenstance doing […]
Read more...Why Relentless Labor Rights Enforcement Will Make or Break the New NAFTA
Why Nafta 2.0 labor protections for Mexicans are key to whether the deal delivers on its promise to US workers.
Read more...Unemployment Claims Hit New Record: 32.9 Million State & Federal. Week 16 of U.S. Labor Market Collapse
The latest unemployment data calls into question the notion that anything more than a techical recovery is underway.
Read more...How Largely Hidden Trends Are Shattering the Global Trade System
Howy national conflicts, new concerns about security and supply chain risk, and technology are reshaping trade networks to be closer to home.
Read more...Lots of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning
No, Case-Shiller is not yet a reflection of home prices during the Pandemic. Be patient.
Read more...The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy
Why using credit as an economic remedy evenutally does more harm than good.
Read more...Beneath the Bluster, Boris Johnson’s ‘New Deal’ Offers Nothing New
Boris Johnson’s effort at a New Deal Big Lie goes splat.
Read more...Los Angeles Hit Hard by Implosion of Freelance Work
The collapse of high-end freelance work isn’t just about the loss of incomes. If it persists long enough, it means the loss of capabilities.
Read more...Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF
A discussion of the state of capitailsm, with a European/Lebanase slant.
Read more...We Won’t Have a Truly Global Economy Until We Tax It That Way
Tax is an enormously powerful tool for shaping economic policy and thus bears close watching.
Read more...Michael Hudson on Coronavirus and Debt Winners and Losers
Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.
Read more...The Pandemic Shows the Importance of Funding Early Childcare and Education Infrastructure (Updated)
Why investment in childcare and education provides high returns yet has been largely ignored in Covid-19 responses.
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