Econimists have noticed, awfully late in the game, that high levels of inequality are correlated with lower growth. There are reasons to think this relationship is causal.
Wednesday, August 27, 2025
As Developing Countries Reject Plastic Waste Exports, Wealthy Nations Seek Solutions
Chinese and emerging economy bans on accepting plastic waste exports have put the the First World in a bind. Will they quit their plastic habit?
Seventeen Ways to Think About the Finance Curse
A recap of the issues surrounding the Finance Curse, the advanced economy economy analogy of the resource curse.
2:00PM Water Cooler 6/6/2019
Today’s Water Cooler: Biden, Gravel, Inslee, Sanders, Warren, reparations, impeachment, productivity, services, employment, Facebook cryptocurrency, robot dogs, plastic, water, “Call of Duty”
Richard Murphy: For MMT (Long and Wonkish)
MMT opponents try presenting their objections as technical, but they really are political.
Protecting Yourself from Amazon Violating Your Air Rights and Privacy by Drone Trespassing
In the unlikely event the Amazon drone delivery service gets to be anything other than for show, some ideas for how to protect your rights.
Chinese Embargo Threats Ring Hollow—the Reason Why Lies in Rare Earths
Supply chains are multinational in scope and supply. A trade embargo is ultimately self-defeating.
$1 Trillion: The Cost Of Climate Change For Corporations
Another effort to cost out some of the effects of climate change.
2:00PM Water Cooler 6/5/2019
Today’s Water Cooler: Boeing and China deal, festival of Biden, Buttigieg, Harris, Hickenlooper, Sanders organization, Warren “economic patriotism,” employment, services, shipping, Apple, Uber, bonds, the solar cycle, health care, credit card skimmers, pot pies
The Economic Cost of Devastating Hurricanes and Other Extreme Weather Events Is Even Worse Than We Thought
irming up the math on the economic cost of climate change makes a bad picture look worse.
Brexit Dithering
The Bexit noise to signal ratio continues to be awfully high thanks to the Tory leadership contest.
A Bernie Sanders Narrative for Seniors
Some ideas for what Sanders could do to raise his standing among Democratic Party seniors.
Does Japan Do MMT?
In case you had any doubts, Japan is not following MMT economic policy prescriptions.
