Michael Hudson: 18th Century Writers Understand Effects of War Debt Better Than IMF
Michael Hudson explains how the IMF’s view of war debt is dangerously misguided and older economic thinkers had much better take.
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2:00PM Water Cooler 6/28/2024: Biden v. Trump Post-Match Analysis and Commentary
Today’s Water Cooler: Biden v. Trump and the Democrat succession crisis
Read more...Biden Crashes, Trump Lies: A Campaign-Defining Presidential Debate
Yves here. The presidential debate last night is likely to go down as being of historical importance, in the same league as the Kennedy-Nixon debate. But here, instead of demonstrating how the then-young medium rewarded good looks and a confident affect, here it showed two men, which as often happens with the aged, having become […]
Read more...Sifting Through the Debris of Another Failed Coup in Latin America
This was probably the shortest lived coup in Bolivia’s history. But who was behind it?
Read more...After the European Elections: Fiscal Policy is the Elephant in the Room
Fiscal pressures are set to intensify battles among shifting European leadership groups as to how much to spend and on what.
Read more...Layoffs, Retirement, and Post-Pandemic Inflation
Finally, a look at how Covid-related early retirement has contributed to our recent inflation.
Read more...2:00PM Water Cooler 6/27/2024
~ Today’s Water Cooler: Politics, Pandemics; The Debates, pre-game analysis; Murthy v. Missouri; Digital ID exposure debacle; CDK auto dealer outage and consumer spending ~
Read more...Fear & Loathing on The Economist Subscription Trail
Satayjit Das’ penetrating and witty look at The Economist reveals a great deal not to like.
Read more...Finance Healthcare, Not Insurance Premia
A new study finds that revenue-funded healthcare is cost-effective, efficient, and fair, while all health insurance has avoidable excess cost
Read more...Ursula von der Leyen: Beyond Redemption
Sadly, Europeans look set to continue as victims of Ursula von der Leyen as European Commission president for another five years.
Read more...The U.S. Is Nowhere Near Ready for Climate Change
Climate change is cooking our collective gooses. What can be done to reduce the damage?
Read more...Links 6/26/2024
Rob Urie: The ‘Israel Lobby’ Works for the US Military Industrial Complex
Why even cynical interpretations of the source of Israel power in US policy are generally not cynical enough.
Read more...Union ‘Effects’ on Hourly and Weekly Wages: A Half-Century Perspective
Even with union power diminished, union members still benefit from higher weekly pay than non-members.
Read more...Washington Frets As Chinese Company Cosco Wraps Up Construction of South America’s Largest Deep Sea Port
“Due to its potential size and volume of operations, Peru’s Chancay mega-port is destined to become a nerve centre of international trade.” And it will be exclusively controlled by Cosco.
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