Even McKinsey Gets It: High Wages Improve Economic Performance
McKinsey is turning on neoliberal orthodoxy by advocating high employment, high wage, high demand policies.
Read more...Category Archives: Economic fundamentals
Stock Buybacks Hurt Workers and the Economy. We Should Ban Them.
The Reagan Administration ushered in stock buybacks as legalized manipulation. Time to put it to an end.
Read more...Trump’s Tariff Threat to Kick Off Trade War?
Trump is threatening to kick off a trade slugfest via tariffs on steel and aluminum. Will he follow through?
Read more...With Official Unemployment This Low, Why Are Wages Rising So Slowly?
Why has wage growth been lousy in a supposed recovery? Thank your politicians for fostering the growth of the precariat.
Read more...Money: The High Cost of Betrayal
The misrepresentation of how the US money system works is worse than mere economic malpractice, which is already pretty common.
Read more...Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100
Astonishingly, climate change accords like Kyoto and Paris ignore the impact of trade. That omission means our collective goose is cooked.
Read more...Beat the Right Wing Framing: How to Make the Case for a Better, Fairer Economy
The right has been winning the PR wars on economic issues. A major UK research project has some ideas for how to turn that around.
Read more...Why Mental Health Is the Hidden Cost of the Housing Crisis
Housing has too often become a source of insecurity rather than security.
Read more...Another Brexit Mess: “Grandfathering” Existing Free Trade Agreements Looks Unlikely
Another item on the Brexit problem list: what to do about free trade agreements that will cease to apply to the UK on Brexit day.
Read more...A Transatlantic, Transpacific or Eurasian Global Economy?
Which nexus – Transatlantic, Transpacific or Eurasian– is likely to dominate global trade?
Read more...Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.
A detailed and well-argued explanation of how the growth in the role of financial markets has become destructive.
Read more...Government Shutdown Once Again Shows the Lies Behind Deficit Hysteria
How the wealthy use deficit scaremongering to keep wages down and stave off calls for more investment and social spending.
Read more...UK Asks the Rest of the World to Be Super Duper Nice and Act as Its Old Deals Are Still Valid Post Brexit
Yet another Brexit train wreck.
Read more...Protests in Tunisia Over IMF-Promoted Policies….for Good Reason
Why the IMF’s standard prescription is a poor fit for Tunisia.
Read more...PayPal Demonstrates What Happens to Former Tech Unicorns Which Get Lame
PayPal is no longer getting away with the sort of things it could as a payment processor newbie.
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