More and More Young People Disengaged from Work and Social Contact
Unemployment among young graduates has hit a sustained high level in many countries, which will produce further social and economic harm.
Read more...Category Archives: Economic fundamentals
Tom Ferguson and Nick French: Red Tech’s Political Power, Its War on Labor and the Environment
An in-depth talk between political scientist Tom Ferguson and Jacobin’s Nick French about recent big shifts, above all the rise of red tech.
Read more...Russia’s Choices as It Brings Ukraine to the Brink with Electricity War, Takes Pokrovsk
Even with Russia’s domination undeniable as its electricity attacks turn off power all over Ukraine, Russia still has complex choices to make.
Read more...Another Shutdown Cost: Skewed and Limited Private Data as Economic Hazard
Due to the shutdown, official economic data has slowed to a crawl. Policymakers, markets, and citizens are turning to private-sector numbers.
Read more...How Neoliberalism Is Digging the Holes of Flagging, Indebted Economies Even Deeper
Indebted, low growth economies have a path for recovery. But neolibearlism stands in the way.
Read more...Call Your Congresscritters: OpenAI Laying the Groundwork for Massive Federal Bailout
AI is not just coming for your job. Industry leaders plan to pick your pocket on a massive scale via a bailout.
Read more...China’s Belt and Road Initiative and the Shifting Landscape of Trade and Investment
The US has responded a bit China’s Belt and Road initiative by increasing foreign direct investment in participating countries.
Read more...Revolutions in Russia in 1917: February and October
A summary of the tumultuous events of Russia’s 1917 revolutions.
Read more...The Lasting Economic Scars of War
War is even more destructive in economic terms than is widely acknowledged.
Read more...Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County
The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Read more...Technology Empires and the Race to Cement Dominance
A look at how the US and China are seeking to achieve technology hegemonies, and the efforts of smaller countries to carve out niches.
Read more...Mission Impossible: Why the US Cannot Reverse Its Manufacturing Decline
Debunking magical thinking about the US regaining its manufacturing mojo at scale.
Read more...The Macroeconomic Implications of Extreme Weather Events: Insights from Advanced Economies
Economists are starting to come to grips with the costs of weather/climate change induced disasters. But are their approaches adequate?
Read more...A Few Thoughts About the Russian End Game in Ukraine and the Risk of Losing the Peace
New musings on what sort of conclusion to the war Russia might impose, and specifically, how Russia reduces its security risks.
Read more...Big Employers Using AI to Decimate White Collar Jobs; What Happens When Real Incomes, Employment, and Social Compacts Erode?
Big companies are cutting white collar jobs, because AI, and warn more is to come. What does this mean for the economy and social stability?
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