Greenspan Ran the Fed for 18 Years and Left an Economic Time Bomb
Michael Hudson and Radhika Desai: take a hard look at Greenspan’s misrule at the Fed and find more not to like than you might know about
Read more...Category Archives: Macroeconomic policy
A Bang or a Whimper? Comparing Imperial Collapse in the US to the UK’s Decline
Book Review: Erik Linstrum’s ‘Age of Emergency: Living with Violence at the End of the British Empire’.
Read more...Satyajit Das: The ‘Own Goals’ of Trump-onomics
Short seller David Einhorn’s saying, “No matter how bad you think it is, it’s worse” particularly applies to Trump’s economic schemes.
Read more...What Would Happen if the UK Tried to, or Did, Repay Its National Debt?
The leadership contest in the UK is set to produce yet more flogging of bad neoliberal tropes, so this post provides a needed counterpoint.
Read more...Michael Hudson: Debts That Cannot Be Paid Won’t Be
R. C. J. Cranstoun spoke with Michael Hudson on debt, rentierism, and the geopolitical rift around sanctions, energy, and the dollar system
Read more...The Impoverishing Thinking of Central Bankers Who Want Interest Rate Rises
Central bankers look to make a bad problem worse by trying to ensure wages and prices stay down even as energy costs rise.
Read more...Satyajit Das: An Emerging Market Crisis in Oil-Poor Asia?
It is no secret that most countries in Asia will be hard by the energy crunch. What can they do?
Read more...Building Fairer Cities: New Insights From Mohenjo-daro
New insight reveals that inequality was low in one of South Asia’s first cities and that it decreased as its citizens prospered.
Read more...It’s Not Just High Gas Prices – Inflation Is Now Spreading Through the US Economy
Inflation is rising and set to become more severe and puts the Fed in a bind.
Read more...Is the AI Data Center Boom Building the Infrastructure for Tokenization and Control?
If the AI bubble bursts, the data center build-up could become the infrastructure for economic tokenization and state surveillance
Read more...The Brits, French, & Germans Are Now Right on Russia’s Doorstep
Russia has cleared its throat about naked European escalatory threats and belligerent moves. What next?
Read more...Electile Dysfunction—Why Can’t the Democrats Get Their Polls Up?
Quelle surprise! The Democrats will not attend to the material needs of its traditional popular base because it is thrall to its donor class.
Read more...Satyajit Das: The Global Economy – A Very Uncertain Future!
Satyajit Das looks at the big stressors on the global economy and find that governments will be unable to do much to alleviate them.
Read more...Coffee Break: Scientists and the Growth Economy, Sternly Worded Letters, Scientist Runs Afoul of RFKJr, Timothy Snyder with the Editor of Science, and Wither Food
Dear gentle readers: Apologies for a somewhat ragged Coffee Break today. Traveling in Scotland and time has been taken up with details (all good) along with a few unexpected disconnects (as in stuff happens). Part the First: Scientists to the Rescue? Economic growth is not the answer to any of our problems in this finite […]
Read more...‘Hands Off Our Pensions’: Belgian Workers Take to the Streets in General Strike Against Austerity Measures
The latest national strike in a series over a year and a half against policies that a union leader said will heighten inequality and poverty
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