Why It Will Take a Lot More Than a Smartphone to Get the Sharing Economy Started
A look a sharing versus “sharing economy” hucksterism.
Read more...Category Archives: Economic fundamentals
Brexit: More on the UK’s Weak Hand
Yet more debunking of pro-Brexit fantasies.
Read more...America’s Hidden Water Affordability Crisis
Why water is a stealth crisis in places like Seattle and Atlanta and will become an economic and social problem for more cities soon.
Read more...Apprenticeship and the Rise of Europe
How the apprenticeship system developed and gave Europe an edge.
Read more...Keynesianism and the Great Recession
Why abandoning Keynesianism in favor of neoliberalism set up the financial crisis and led to inadequate post-crisis responses.
Read more...Michael Hudson on Trump’s Tax Sleight of Hand
A skeptical look at some of Trump’s tax proposals.
Read more...Neoliberalism Was Supposed to Make Us Richer: Three Reasons Why It Didn’t
How neoliberalism contributed to the productivity slowdown
Read more...Understanding the Long-Run Effects of Africa’s Slave Trades
Looking at some of the lasting damage done by the slave trade, such as higher incidence of HIV.
Read more...Bank of International Settlements Paper Confirms That High Levels of Household Debt Hurt Growth
We’ve written from time to time that not all debt is created equal. Prudent business borrowing enables companies to make investments and expand operations. And even though governments like the US that issue their own currency may nevertheless sell bonds, operationally they can simply create more dough to fund spending. The constraint on spending is […]
Read more...Understanding the Global Role of the US Economy
Investigating the spillover channels linking the US and the global economy.
Read more...Democratic Party Orthodoxy in Action: “Hit With Some Serious Clinton Blame Cannons”
An example of Democratic Party pathology.
Read more...Can Europe Be Saved from Populism?
Two economists offer recommendations on how to defend Europe from an upsurge of populism. Unfortunately, their ideas give cause for pause.
Read more...An Economy of Meaning – or Bust
Can one really create “an economy of meaning”?
Read more...How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree
A concrete example of how well-designed antitrust enforcement produced large economic benefits.
Read more...Michael Hudson: Why Failing to Solve Personal Debt and Polarization Will Usher in a New Dark Age
Crushing personal debt loads have repeatedly produced economic and social crises. The elites ignore the warning signs at their peril.
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