Trump’s Idea of Running Government Like a Business is Bad for Citizens
Michael Hudson gives a high level debunking of a pet Republican canard: that government should operate like a business.
Read more...Category Archives: Macroeconomic policy
The Paradoxes of Fiscal Austerity in Brazil
Brazil as a test case of austerity per neoliberal theory v. outcomes.
Read more...Debunking 5 Myths About Frexit
A skeptical look a Frexit, meaning France exiting the Eurozone.
Read more...Keynesianism and the Great Recession
Why abandoning Keynesianism in favor of neoliberalism set up the financial crisis and led to inadequate post-crisis responses.
Read more...New York Times Gets Budget Story About Looming Trump-Ryan Clash Almost Completely Wrong
Not only does the Grey Lady misrepresent Trump’s and Ryan’s motivations, but they muff budget basics too.
Read more...When the IMF Evaluates the IMF
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...Germany-IMF Staredown on Greece: The Election Calculus
How upcoming European elections could play into the Greek debt negotiations.
Read more...Zero Interest Rates in EU: The Myth of the Poor German Saver
The ordinary German is much less well off than most foreigners would assume.
Read more...Will Trump Administration Let the IMF Escape from the Next Greek Bailout?
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 Retirement Begins To Drain Cash in the US
Baby boomers must start retirement account withdrawals at age 70 1/2 and some do earlier of necessity. Will that affect markets?
Read more...Bill Black: Obama Loved Austerity and the New Democrats Remain Addicted to It
Black blasts Obama for prescribing austerity and presenting it as good for Americans when it is good only for financiers and the rich.
Read more...Helicopter Money: Loved, Not Spent
Another monetarist myth bites the dust. Consumers overwhelmingly say they would not spend helicopter money.
Read more...More on the Economic Hardship of Young Adults
Young adults have had a very rough go and don’t have good reason to expect their economic condition to improve much.
Read more...The Fed in an Age of Uncertainty
How uncertainty over the wisdom of the Fed starting to tighten in 2017 and its reading of Trump policies might impact other economies.
Read more...How To Balance Sovereignty and Integration in a Voluntary EU
Why is the EU project in trouble and what might be done to fix it?
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