Ilargi: Shithouses
How Trump’s widely deplored shithouses comment was an unintended, uncomfortable truth about US policy.
Read more...Category Archives: Economic fundamentals
Trend Reversal of Old-Age Labour Force Participation in Germany
Why has workforce participation increased among older age groups in Germany? Follow the money.
Read more...Amazon, City Killer?
The unseemly bidding war to have the opportunity to have Amazon ruin your city moves to its finalist phase.
Read more...Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?
Rising mortgage rate are about to do some damage to the house party.
Read more...How Amazon’s Accounting Makes Rich People’s Income Invisible
How Amazon’s predatory non-profit model is a particularly potent form of rent extraction.
Read more...Nomi Prins: My Financial Road Map for 2018
Some crystal ball gazing for 2018.
Read more...Brexit: UK Still Refusing to Do Any Thinking Re Trade
The UK is going nowhere fast on Brexit, except it is trying even harder than before to blame the EU for its problems.
Read more...Answers from the MMTers
Serious Economist Jared Bernstein asked some questions about MMT. MMT thinkers Stephanie Kelton and Randy Wray.
Read more...A US Economic Boom in 2018?
Not that it comes as a surprise, but talk of the US economy being in a boom is hype.
Read more...ECB Spawned Financial Dependency That’s Now Very Hard to Undo
The ECB is very eager to withdraw extraordinary support. But among others, a lot of weak banks are hooked on it.
Read more...More Power to the Workers: Seymour Melman on Extraction by the Military, Managers, and Finance
Why workers are the nexus of production and prosperity.
Read more...Chaos in Catalonia Hits Barcelona Housing Bubble
Barcelona wanted to take some air out of its property bubble. Will it wind up getting more than it bargained for?
Read more...Why Are Profit-Making Factories Closing Across England?
The curious case of England’s closing factories shows the need for industrial strategy to counter rampant short-termism.
Read more...Matt Stoller: “Monopoly is a Form of Lawlessness”
A high-level talk of the ebb and flow of monopoly power over the past century and what to do about them now.
Read more...Debunking Mainstream Economists on Secular Stagnation and the Loanable Funds Fallacy
An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.
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