Category Archives: Guest Post

More Frequent Central Bank Communication Worsens Financial and Macroeconomic Forecasts

Too much communication from central banks to the market may be a problem, creating a cacophony of policy voices.

Links 3/4/18

Don Quijones: The Oligopolization of Food Supply Hits a Snag

If OKed by the European Commission, the Bayer and Monsanto mega-merger would create the world’s largest supplier of seeds and farm chemicals

Even McKinsey Gets It: High Wages Improve Economic Performance

McKinsey is turning on neoliberal orthodoxy by advocating high employment, high wage, high demand policies.

FinTech and Banks

Why FinTech will not be as disruptive as its promoters would have you believe.

2:00PM Water Cooler 3/2/2018

Today’s Water Cooler: Tariffs, Texas primary, Howard Dean, consumer sentiment, “the story is changing,” West Virginia teacher’s strike

Stock Buybacks Hurt Workers and the Economy. We Should Ban Them.

The Reagan Administration ushered in stock buybacks as legalized manipulation. Time to put it to an end.

Top NYT Editor: ‘We Are Pro-Capitalism, the Times Is in Favor of Capitalism’

The Times swears its fealty to the 10%, um, capitalism…

2:00PM Water Cooler 3/1/2018

Today’s Water Cooler: Steel and aluminum tariffs, 2016 wave, Blue Dogs, guns, manufacturing, personal income, Apple, Uber, WV teachers, wages

With Official Unemployment This Low, Why Are Wages Rising So Slowly?

Why has wage growth been lousy in a supposed recovery? Thank your politicians for fostering the growth of the precariat.

Links 3/1/18

Money: The High Cost of Betrayal

The misrepresentation of how the US money system works is worse than mere economic malpractice, which is already pretty common.