Category Archives: Politics

Another Theresa May Faceplant as the Brexit Clock Ticks: Speaker Bercow Nixes Another Meaningful Vote in Current Session [Updated]

Brexit demonstrates the saying, “Things look the darkest before they go completely black.”

Bill Black: The Day Orthodox Economists Lost Their Minds and Integrity (#MMT)

Chronicling and debunking more scurrilous attacks against MMT.

Report from the Ground in Paris: The Most Recent Gilets Jaunes Protests

A report from Colonel Smithers.

Shotgun Marriage: Deutsche Bank and Commerzbank Discuss Merger

Even by the low standards of necessity-driven bank mergers, the proposed tie up of Deutsche Bank and Commerzbank looks particularly dodgy.

“Middle Class” Once Meant Stability and Now Means Fragility

The middle class used to be the bedrock of American institutions. Now its members are coping with an uncertain future.

Who’s Behind Trump’s Claim the Green New Deal Will Cost $100 Trillion?

President Trump’s claim that the Green New Deal would cost $100 trillion can be traced back to the Manhattan Institute, a think tank backed by fossil fuel investor Paul Singer and companies like ExxonMobil.

Of Course We Can Pay for a Green New Deal, but We Can’t Escape Hard Choices

A high-level discussion of some of the operational issues posed by a Green New Deal.

Brexit: The Kindness of Strangers

The Thursday Brexit votes put the UK officially at the mercy of the EU.

Mars or Mercury Redux: How Geopolitics Influence Bilateral Trade Agreements

Quelle surprise! US trade agreements depend more on the US being a reliable military ally than many like to think.

Brexit: Send in the Clowns

May takes yet more body blows….while the no deal threat is not yet disarmed.

Brexit: Chaos Visible

Things continue to go badly for Theresa May’s Brexit.

The EU Is Facing Gigantic Questions About Its Future That Are Hidden in Obscure Bank Policy Decisions

The ECB again rides in to try to paper over fundamental problems with the EU’s structure and to offset is austerity bias by restarting QE. But the EU needs more government spending. Will it take another crisis to get there?