This column examines why consumer sentiment in the US remained depressed in 2023 despite low unemployment and falling inflation, and finds that increasing borrowing costs can explain much of this gap.
Read more...Which Industries Lost Jobs, Which Gained Jobs: Longer-Term Employment Trends in Charts
Read more...Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?
Read more...The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.
Read more...Is industrialization the original sin of both capitalist and Communist/socialist economic systems?
Read more...New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.
Read more...Varoufakis weighs in on topics of keen interest: the looting of Greece, then and now, the European left, and Palestine.
Read more...When you’ve lost the IMF…..
Read more...Looking at the economic impact of war on neighboring countries, including ones not part of the theater of conflict.
Read more...Why growth is no panacea.
Read more...Efforts are underway to discredit modern monetary theory in the UK.
Read more...As confirmed by a study of Japanese interment in World War II, the health impact of displacement is long-lived.
Read more...Michael Hudson in a bracing talk, including history of crises, the role of debt, and how ancient Greek and Roman law promoted inequality
Read more...Some new wrinkles on who wins and loses in James Galbraith’s Predator State.
Read more...Why the Fed’s approach to inflation has the main effect of reducing labor bargaining power, which is seldom the real problem.
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