Category Archives: Globalization

Rising Cereal Prices and Political Violence in The Croplands of Africa

This column shows that rising cereal prices pose an elevated risk of violence in Africa, where agriculture represents a large share of the economy

Michael Hudson on the Ongoing Economic War

Michael Hudson looks at the long game of fundamental ecomomic restructuring of trade and financial relations among great powers.

The Perverse Calls for More Russian Aggression in the Face of Its Methodical Operation in Ukraine

Some odd ideas about what Russia ought to be doing in Ukraine.

When Central Bank Saviours Are the Problem

Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation

Record High Diesel Prices Will Ripple Across The Economy

The diesel crunch is getting more acute. What could happen next?

What You Need To Know about Solomon Islands

The Solomon Islands story of great power competition in the South Pacific is part of a much older one of colonial conceit and neglect.

James Galbraith: The Dollar System in a Multi-Polar World

On the rise and decline of the dollar system.

Michael Hudson Talks with Katie Halper and Aaron Maté About the Broader Ramifications of the US/NATO Conflict with Russia

Michael Hudson expliains how the US hopes to benefit from its proxy war with Russia.

The Coming EU Embargo of Russian Oil, Russia’s Economic Challenges, and the Question of Operational Capacity

The EU is planning to punch Russia hard with yet another embargo, this of its oil. But will this wind up being more rope a dope?

Climate Migration: What Do We Really Know?

Overall, the literature on climate-induced migration suggests that people are moving already because of climate change and that increasing numbers will do so in the future, either voluntarily or not.

Trade’s Resilience to COVID-19

Future resilience requires smart diversification and exploitation of working-from-home production.

China vs. West: New World Disorder

Joanna Chiu’s book, China Unbound, argues for engaging China to seriously address human rights, climate change, and economic development.

Sri Lanka Economic Crisis Inflicted by Self-Serving Elite

How the Sri Lanka debt crisis was decades in the making.