Category Archives: Guest Post

The Unforeseen Consequences Of China’s Insatiable Oil Demand

Working through the implications of China’s ever-rising energy needs.

2:00PM Water Cooler 8/9/2018

By Lambert Strether of Corrente. Trade “Hope Is Not a Plan: The Myth of American Manufacturing” [Industry Week]. “In building a case for an American manufacturing renaissance, economists cite increasing productivity, cheap natural gas, and rising value-added figures to show that manufacturing is in good shape and will get better. Some of these positivists [sic] […]

Fracking Fracas: BLM to Open California Public Lands

The US Bureau of Land Management yesterday took first steps to opening 1.6 million acres public lands in California to fracking, ending a five-year moratorium on such practices.

Links 8/9/18

Baltimore Set To Be First Major US City to Ban Water Privatization

The city of Baltimore is poised to denounce the privatization fairy and reject privatization of its water and sewage system.

Asset Prices and Wealth Inequality

How asset prices have driven the evolution of US wealth inequality over the last 70 years.

Trump Is Giving Protectionism a Bad Name

A short overview of some protectionism successes.

2:00PM Water Cooler 8/8/2018

Today’s Water Cooler: China trade, Deval Patrick, reports from yesterday’s midterms (especially OH-12), “Witch Hunt,” consumer credit, 3D printing, Lada, International Cat Day

Once Its Greatest Foes, Doctors Are Embracing Single-Payer

A critically important constituency is increasingly backing single payer.

Richard Murphy: Writers of Labour’s “Fiscal Rule” Lash Themselves to the Austerity Mast

Labour’s economists show their Third Way colors and advocate austerity-generating policy rules that might as well have been penned by former Treasury Secretary, later Citigroup vice chairman Bob Rubin.

Michael Hudson: Life and Thought – An Autobiography

Michael Hudson discusses his life as a young Communist intellectual, how he became interested in economics and finance, his life in academia, and his recent work on rentier capitalism and debt jubilees.

Neoliberalism Drives Climate Breakdown, Not Human Nature

Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook.

2:00PM Water Cooler 8/7/2018

Today’s Water Cooler, including today’s primaries, the Koch brothers, liberalism and cruelty, job openings, shipping, Amazon, Tesla, Appalachia, brain twisters, Maine “Sea Goddess” dethroned.