Trump’s China Trade War Gaslighting: Will There Evah Be a Deal?
Why the US and China are likely to remain at loggerheads.
Read more...Category Archives: The destruction of the middle class
Italy’s Right-Wing Government Collapses – Will the Next One Be Better?
The odd marriage of Lega Nord and Five Star held up longer than expected, but Italy is about to get a new government. How might that work out?
Read more...The Fed Thinks the US Economy Is Fine. Do You?
Seeking reader input on the health of their economy.
Read more...Trump Never Had a Grand Strategy for China: They Were Just Tariff Tantrums
Trump’s tariff strategy is obviously incoherent, but other approaches like anti-trust to improve the US trade’s position are sorely wanting.
Read more...Is the So-Called “Manufacturing Renaissance” a Mirage?
38 manufacturing industries continue to decline and nine of 10 of these industries are the critical industries that are fundamental to the manufacturing process
Read more...A New Assessment of the Role of Offshoring in the Decline in US Manufacturing Employment
Offshoring killed American manufacturing jobs.
Read more...Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans
The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.
Read more...No, Productivity Does Not Explain Income
Why a widely-held view about productivity that is foundational to the claim that people are paid what they deserve does not hold up to scrutiny.
Read more...Bretton Woods Institutions: Enforcers, Not Saviours?
The two Bretton Woods institutions the have huge credibility deficits due to the policy conditionalities and advice they have dispensed to developing countries in recent decades.
Read more...Austerity Has Made People Less Prepared for a No Deal Brexit
The government says it’s preparing for a Brexit crash out. But ten years of spending cuts have made the people of Britain intensely vulnerable to economic shock.
Read more...How Capitalism Exploits Our Fear of Old Age
Pondering the challenges of being old now.
Read more...Deskilling Among Manufacturing Production Workers
More evidence of how manufacturing workers have taken it on the chin.
Read more...Britain After Brexit: Welcome to the Vulture Restaurant
US business will asset-strip the UK, but that’s not all: the Pentagon will find the little-known fragments of the British empire very useful.
Read more...Michael Hudson: Why Frances Coppola’s “The Case for the People’s Quantitative Easing” Is for Banks, Not the People
A dubious proposal to continue over-reliance on monetary policy, this time with a quantitative easing scheme, instead of fiscal spending.
Read more...Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge
Markets are in a tizzy over the US-China trade row. But what might come next?
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