Economists’ Dubious Relationship with Trade Policy: Comparative Advantage is a System that Works for the Wealthy
The great unwashed public has good reason to doubt what economists say about trade.
Read more...Category Archives: The destruction of the middle class
The Hudson Report: The Economic Impact of Bipartisan Bank Deregulation
Michael Hudson debunks the talking points used to sell the just-passed bank deregulation bill.
Read more...Gaius Publius: Stephen Hawking on What Killed the World of the Jetsons. Prelude to Thoughts on a Guaranteed Jobs Program
Hawking showed a not-surprisingly acute grasp on the implications of technological unemployment.
Read more...Stabilising the Real Economy Increases Average Output
This column summarizes research indicating that stabilizing the real economy raises the long-run level of output.
Read more...The US Arms Machine: Why Wars R Us
Putting some facts and figures of the scale of the US arms merchant business.
Read more...How Many Opioid Overdoses Are Suicides?
Time to look harder at the reasons for rising opioid deaths.
Read more...Trumponomics, the Left and the Return of Protectionism
Antipathy for all things Trump, including Trumponomics, is leading some “progressive” economists to change their positions on “free trade”.
Read more...Millennials Are Waiting For The End Of Capitalism
Not surprisingly, Millennials are not in very good financial shape…..
Read more...Job Guarantee Winning More Fans on the Left and Right
The Job Guarantee is (finally) a topic that can be discussed in polite company.
Read more...The Decline in Quality of Manufacturing Entrepreneurship in the US
Yes, Virginia, US manufacturing is going downhill at the bottom of the food chain as well as from the top.
Read more...The Euro Area’s Deepening Political Divide
The Euro is creating new fault lines. Eurozone leaders need to give greater priority to national interests, particularly of economic “losers”.
Read more...Surveillance is the DNA of the Platform Economy
The outcry over Facebook and Cambridge Analytica conveniently ignores the real issues: the pervasiveness of surveillance and the need to insist on stronger privacy rights.
Read more...Resisting the Gig Economy: The Emergence of Cooperative Food Delivery Platforms
Labor-squeezing platform providers: how to fight fire with fire.
Read more...Mr. Market Has a Hissy Fit Over Trump’s “Coming Soon” China Tariffs
How much of the upset over Trump’s planned China tariffs is warranted?
Read more...Was Carillion’s Collapse the Beginning of the End for the UK’s Outsourcers?
Two large British outsourcers are also on the verge of collapse, and the vultures are circling.
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