The U.S. Is Not at Full Employment—Don’t Believe the Trump Administration’s Hype to the Contrary
Why recent employment statistics are giving an unduly rosy picture of the state of the US labor market.
Read more...Category Archives: Economic fundamentals
Globalisation, Government Popularity, and the Great Skill Divide
How do voter reactions to globalisation vary by skill level?
Read more...Brexit: Crisis Nigh
Brexit crunch time is approaching fast.
Read more...200th Anniversary of the Birth of Marx and a Revolution in Understanding History
How Marx recognized the economic forces that give rise to and perpetuate ideologies that promote injustice.
Read more...The Real Driver of Rising Inequality
Wage suppression—not monopoly power—is fueling corporate profits and the relentless rise in inequality.
Read more...China’s Bid To Assist Assad In Syrian Reconstruction Is About Security and Profit
China sees a nation-building opportunity in Syria that the US won’t consider.
Read more...Why Capitalism Creates Racism
Why separating racism from capitalist exploitation of low-wage workers isn’t as tidy as the Democratic Party would have you believe.
Read more...Michael Hudson: “Creating Wealth” Through Debt: The West’s Finance-Capitalist Road
Why debt is the great threat to modern China’s development.
Read more...Michael Hudson: Bronze Age Redux – What the Ancients Can Teach Us About Debt
Michael Hudson explains why debt cancellation was central to the politics of ancient societies.
Read more...Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
Investors have fixated on the rise in Treasury yields. Perhaps they should worry more about what the Fed’s rate increases are doing to mortgage rates.
Read more...Marx and Modern Microeconomics
Marx gets some long-overdue credit.
Read more...Bill Mitchell: QE Failed in Japan
A short and devastating proof that QE was a bust in Japan.
Read more...Hoisted from E-Mail: Brexit, Security, and the UK’s Coming Poodledom
Adding to the tally of how the UK will come out a loser thanks to Brexit.
Read more...China Warns Australia Against Being a Democracy
China throws its weight around even more casually than the US does, achieving the difficult task of making Trump look not so bad.
Read more...The Hudson Report: Does Trump Know Anything About Trade?
Michael Hudson discusses Trump’s trade row with China.
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