The US Is Taxing the World’s Poorest — and Is Disguising It as Regulation
Yet more mean-spirited US conduct, here via taxing remittances, hurting families of (often legal) migrants and their home countries.
Read more...Category Archives: Globalization
Will Iran Actually Close the Strait of Hormuz? Eni CEO Weighs In
Investors seem unduly chill about the risk that a US attack on Iran will produce a formal or de facto closure of the Strait of Hormuz.
Read more...The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
An overview of the economic impact of Trump’s second term flurry from some Serious Economists. They don’t find much to like.
Read more...Yanis Varoufakis: The Economics of Europe’s Descent into Warmongering
The long path that has led Europe to see big defense spending will be a lifeline, hence the need to stoke war fever.
Read more...How the ICE Raids and Crackdowns on Anti-Genocide Speech Are A Threat to All American Workers
The precarity of the undocumented worker is the future of US labor relations.
Read more...The 2025 Trade War: Dynamic Impacts Across US States and the Global Economy
Estimating the costs of the Trump trade war to Americans and foreign players.
Read more...“Trump Administration Closes In on Hard-Hitting Sanctions on Russia”
Russia sanctions enthusiasts try to talk over how Ukraine undercut Trump support with Ukraine’s attack on Russian nuclear deterrence assets
Read more...China’s Rare Earths Weapon Could Kill Europe’s Auto Industry
More on US and European car-makers’ vulnerability to China’s new rare earths licensing regime.
Read more...Michael Hudson: Trump’s Contradiction-Riddled Strategy to Preserve US Hegemony
Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.
Read more...How Tourism Pushed Barcelona to Breaking Point, and How Social Movements Are Fighting Back
Barcelona features locals turning activists to curb tourism levels that hurt everyday life, particulalry for lower income. residents
Read more...Like China, a Mexico Tariffs Own Goal: US Dependence on Mexico Energy Trade Means “Those Tariffs Never Stood a Chance”?
More evidence of Trump cluelessness in his Mexico and China tariffs bobs and weaves.
Read more...Tariff Turmoil and the Money Markets: Yet Another Rescue Coming
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.
Read more...Trump’s Global Trade Plans Are in Disarray, Amid Legal Appeals to a US Court Ruling on ‘Liberation Day’ Tariffs
Trump’s trade talks have hit a speed bump and perhaps even a wall. What could come next?
Read more...Trade Court Invalidates Trump’s Sweeping Tariffs; Have We Reached Peak Trump?
The Federal trade court delivered Trump a big loss on his fentanyl and “Liberation Day” tariiffs. What might come next?
Read more...James Galbraith: Wage Stagnation and Populism – A Comment on David Brooks and Noah Smith
David Brooks and Noah Smith defend neoliberal globalization by trying to ‘splain decades of worker wage stagnation.
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