Trade Globalisation in the Last Two Centuries
Trade globalization started earlier than most economists realize, undermining conventional stories about how it came about.
Read more...Category Archives: Globalization
The High Hidden Costs of Fast Fashion
Fast fashion imposes high hidden costs, especially to the environmental. Waste, pollution, and a high carbon footprint are the most serious. Consumers can make choices that mitigate some of these deleterious effects.
Read more...The Bahamas’ Giant, Fist-Pumping Screw-You to the Civilized World
The Bahamas decides to compete aggressively to become the most infamous tax haven around.
Read more...Japan Isn’t Playing Neoliberalism’s Word Games
Has the progressive left in western democracies forgotten how to embrace the mainstream? When I compare the approach which anti-neoliberal causes take in the U.S. and Europe with the approach taken by the same causes in Asian countries, especially Japan, I can only say yes, it has. One explanation for how pro-labor movements have been […]
Read more...Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
Deutsche Bank’s $10Bn: the shell company back story
Read more...Japan Throws Spanner into Brexit Negotiations
Multinationals just weighted in on the Brexit talks, in the form of a letter from Japan’s government.
Read more...The Slave Power, Slave Credit, Slave Labor
Book reviews of Slavery’s Capitalism and This Vast Southern Empire, with some thoughts on their relevance to our own day.
Read more...Brexit Delusion Rises Even Further: City Pumping for Presumptuous, Nightmarish-to-Negotiate “Swiss Plus” Plan
The Brexit fantasies get even bigger as the City pumps for a na ga happen “Swiss plus” plan.
Read more...Hot Money and Financial Activity in Commodity Exporters
A new World Bank paper looks at the interaction between commodity prices and commodity exporters. It’s a story about hot money.
Read more...William Astore: Why Do Military Professionals Remain Silent About America’s Disastrous Wars?
Why is there so little domestic criticism of U.S. foreign policy and its disastrous wars and so little military dissent in particular?
Read more...Bill Black: Thomas Friedman – Deregulation Makes Banking Safe
Thomas Friedman, who needs to be renamed “Wrong Way Friedman,” tries peddling the canard that deregulation is a plus for bank stability.
Read more...Austria: A Case Study of How Offshoring Lowered Growth
Austria illustrates that over time, offshoring reduces the skill levels of domestic workers and even organizations.
Read more...Michael Hudson: Clinton’s Red-Baiting Distracts from Failure to Address Inequality, War-Mongering as Trump Flails
Clinton’s attacks on Trump distract attention from her 1% serving economic policies and her war-mongering, but Trump isn’t responding effectively.
Read more...Brexit: This Backlash Has Been a Long Time Coming
After the Brexit vote, it is obvious to many that globalisation in general, and European integration in particular, can leave people behind – and that ignoring this for long enough can have severe political consequences. This column argues that this fact has long been obvious. As the historical record demonstrates plainly and repeatedly, too much market and too little state invites a backlash. Markets and states are political complements, not substitutes
Read more...Lousy Experts: Looking Back at the Ex Ante Estimates of the Costs of Brexit
An economist contends that economists do not bear much responsibility for the Brexit vote.
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