Trump Never Had a Grand Strategy for China: They Were Just Tariff Tantrums
Trump’s tariff strategy is obviously incoherent, but other approaches like anti-trust to improve the US trade’s position are sorely wanting.
Read more...Category Archives: Income disparity
Amid Recession Warnings, Trump Reportedly Considering More Tax Cuts for Rich and Corporations
Trump proposes yet more tax breaks, which would do more for the stock market than for the real economy.
Read more...One Nation Under Stress?
Why stress is not all it is cracked up to be.
Read more...A New Assessment of the Role of Offshoring in the Decline in US Manufacturing Employment
Offshoring killed American manufacturing jobs.
Read more...Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans
The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.
Read more...No, Productivity Does Not Explain Income
Why a widely-held view about productivity that is foundational to the claim that people are paid what they deserve does not hold up to scrutiny.
Read more...Bretton Woods Institutions: Enforcers, Not Saviours?
The two Bretton Woods institutions the have huge credibility deficits due to the policy conditionalities and advice they have dispensed to developing countries in recent decades.
Read more...Austerity Has Made People Less Prepared for a No Deal Brexit
The government says it’s preparing for a Brexit crash out. But ten years of spending cuts have made the people of Britain intensely vulnerable to economic shock.
Read more...How Capitalism Exploits Our Fear of Old Age
Pondering the challenges of being old now.
Read more...Deskilling Among Manufacturing Production Workers
More evidence of how manufacturing workers have taken it on the chin.
Read more...Michael Hudson: Why Frances Coppola’s “The Case for the People’s Quantitative Easing” Is for Banks, Not the People
A dubious proposal to continue over-reliance on monetary policy, this time with a quantitative easing scheme, instead of fiscal spending.
Read more...Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge
Markets are in a tizzy over the US-China trade row. But what might come next?
Read more...Credentialism and Corruption: A Second Look at the College Admissions Scandals
Estimating the scope of corruption in the college admissions process.
Read more...Mark Blyth’s Incisive Post-Crisis Takedown: “A Brief History of How We Got Here and Why”
Mark Blyth gives a pithy talk on the economic regimes of the modern period and what is likely to be in store.
Read more...The Military-Industrial Jobs Scam
Military contractors have used the threat of US job cuts to extract more dough from American taxpayers….and then cut US jobs.
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