Artificial intelligence is already transforming the world of work, but the future is hard to predict. Some see most jobs at risk of automatisation, while others argue robots will only take on a narrow range of tasks in the coming decades. Nevertheless, we need a broad debate to prepare the appropriate economic policy response to the new industrial revolution.
Read more...Even though the Bretton Woods system was short lived, legacies like the dollar standard remain and are likely to be with us for some time.
Read more...Discussing why the left in Latin America lost power, starting with Brazil.
Read more...More evidence that austerity is a bad idea.
Read more...Michael Hudson gives a high level debunking of a pet Republican canard: that government should operate like a business.
Read more...Brazil as a test case of austerity per neoliberal theory v. outcomes.
Read more...A skeptical look a Frexit, meaning France exiting the Eurozone.
Read more...Why abandoning Keynesianism in favor of neoliberalism set up the financial crisis and led to inadequate post-crisis responses.
Read more...Not only does the Grey Lady misrepresent Trump’s and Ryan’s motivations, but they muff budget basics too.
Read more...A recap of where the IMF admits that it screwed up. Also points out how the IMF overlooked a core methodology prone to errors and gaming.
Read more...How upcoming European elections could play into the Greek debt negotiations.
Read more...The ordinary German is much less well off than most foreigners would assume.
Read more...The IMF is at odds with the rest of the Troika about whether Greece can shoulder its debts. Will the IMF be forced to fund the next bailout?
Read more...Baby boomers must start retirement account withdrawals at age 70 1/2 and some do earlier of necessity. Will that affect markets?
Read more...Black blasts Obama for prescribing austerity and presenting it as good for Americans when it is good only for financiers and the rich.
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