How the Chinese Principles of the Tao Explain the Economy
Rethinking economics through Taoism: Money is the Tao, capital & labor are Yin/Yang, and the Invisible Hand is Wu-Wei (non-interference)
Read more...Category Archives: Macroeconomic policy
US Economy Is Already on the Edge – A Prolonged Government Shutdown Could Send It Tumbling Over
Why a protracted US shutdown could seriously damage an already faltering economy.
Read more...With Venezuela and Iran, Is the U.S. Trying to Revive the Petrodollar?
Control over Venezuela and Iran’s oil can revive the petrodollar. The U.S. pushes regime change to dictate oil currency and maintain hegemony.
Read more...What Does All the Justice Department Sleaze Mean for Your Rental Housing Costs?
The Biden DOJ closed a price- and wage-fixing loophole from the days of Clinton. Is Trump about to reopen it?
Read more...War on Labor Accelerates: Administration Predictably Embraces Guest Workers and “Anti-Capitalism” Is Labeled Terrorism
A look at who is being deported and who is being ushered in shows that what’s happening is a trading out of people for exploitable workers. And fighting back just got harder with Trump’s new security directive.
Read more...Milton Friedman: From Modern Monetary Theory to Monetarism
How Milton Friedman was an advocate of functional finance, the precursor to Monetary Monetary Theory before he wasn’t.
Read more...Bond Markets Do Not Rule – Governments Do
A reminder that the bogeyman of bond vigilantes, as in investor/capitalist dominance, is overdone.
Read more...Powell Tap Dances on Interest Rate Outlook as Stagflation Starts to Kick In
Powell threw Mr. Market and Trump a bone by hinting the Fed might cut rates in Sept. But the Fed lacks good options with stagflation looming
Read more...CBO Confirms Trump Budget Law Will Trigger Over $500 Billion in Automatic Medicare Cuts
Tax breaks for billionaires are set to force over half a trillion dollars in Medicare cuts.
Read more...Why “Spend Before Tax” Is the Key to Unlocking a Future for Young People
The future younger people inherit is being decided less by the constraints of economics than by the limits of political imagination.
Read more...Abundance of Accelerationism: Democrat Rebrand Promises to Keep Foot on the Breakdown Gas
If Elon Musk were to really start his own political party, would that signal that the donor class no longer has any use for the Democrats?
Read more...Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken
Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
Read more...Why UK [and US] Governments Are Never Dependent on Financial Markets
As Mr. Market idelivers a big raspberry in response to Trump’s big beautiful bill, remember it won’t affect the ability to keep spending
Read more...Michael Hudson: The Collapse of America’s Economic Empire
Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...The Millionaire Exodus Myth
Millionaires are not fleeing countries to escape taxes.
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