Category Archives: Economic fundamentals

The European Union Still Hasn’t Considered an Economic Proposal That Can Save It

The European Union has not reached a “Hamiltonian moment.” Its plans are too little, too late, hamstrung by institutional barriers to economic recovery.

China’s Covid-19 Recovery Is Intensifying Class Exploitation

China’s response to the pandemic is to furth disempower its domestic and peripheral populations.

How Africa is Coping With Coronavirus

Politics and the caliber of social programs have influenced how countries in Africa have tried to limit the economic damage of the coronavirus.

Covid-19 Recessions: This Time It’s Really Different

Why Covid-19 damage will be lasting.

Hubert Horan: What Will it Take to Save the Airlines?

The airlines are facing an existential crisis, yet no one in power is inclinded or even equipped to intervene.

Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich

Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.

EU Stimulus Fakery as Brexit Stumbles Forward

The news on the EU and UK fronts is less than promising. It looks good only compared to rampaging cops on this side of the pond.

The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 7)

This is part 7 of my ongoing coverage of the Federal Reserve’s Coronavirus actions.

Why New Infrastructure Is a National Imperative

Time to do something about America’s creaky infrastructure.

Heiner Flassbeck: The Euro Arrangement Is Faulty

Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.

Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era

An incisive take from the no-holds-barred Tom Ferguson.

What Are the Three Concurrent Crises of the Coronavirus Depression?

Past theories of crises and why they matter now.