Does Immigration Boost Growth? A Look at Data From Around the World
Comparative data on immigration doesn’t support the tidy economists’ story that it good for growth…at least not recently.
Read more...Category Archives: Economic fundamentals
“Many Areas of Appalachia and Mississippi Delta Have Lower Life Expectancy Than Bangladesh”
Four Nobel Prize winners agree that rent-seeking is the biggest driver of rising inequality.
Read more...More Brexit Delusion: City Issues Wish List That the EU Already Rejected
When you’d thought the British had reached the limits of outlandishness on the Brexit front, they manage to outdo themselves.
Read more...Lessons From the Demise of the TPP
Yves here. This post makes a point at the end in passing about the value of multilateralism, even though the TPP was otherwise a very bad scheme on multiple levels. This serves as a reminder to mention something I’ve neglected to say. Trump’s plan to enter into bi-lateral trade deals (after supposedly tearing up extant […]
Read more...Yet Another Glaring Flaw With Trump Infrastructure Plan: Dependence on Vagaries of Tiny, Slow-Moving Tax Equity Market
The oh-so-clever Trump plan to use tax credits to fund infrastructure spending means it will be too small and slow to provide any real boost.
Read more...Trump’s Win: America’s Failures of Representation and Prospects for Democracy
Looking at why Trump won and the implications for his presidency.
Read more...Robots, Universal Basic Income, and the Welfare State
“Robots are coming for your job” may be more scare talk than reality, but instilling that belief helps weaken labor bargaining power.
Read more...The Oil Supply Glut Is Here To Stay In 2017
Why oil prices will stay soft this year.
Read more...F@ck Work?
Why arguments against work are another manifestation of neoliberalism.
Read more...Republicans Likely to Pass “Audit the Fed”
“Audit the Fed” is likely to become law. It’s about time.
Read more...Ambrose Evans-Pritchard: Trump Effect Won’t Stop Credit Crunch
Forecasts for the US depend heavily on what Trump might actually get done. Ambrose Evans-Pritchard thinks Mr. Market is out over his skis.
Read more...Nomi Prins: My Political-Financial Road Map for 2017
Some specifics of why political risk and central bank policy will make for a wild ride in 2017.
Read more...A Moral Challenge to Economists
Economists hide behind specious claims of neutrality and efficiency to advocate policies that often have negative moral and social impact.
Read more...When a Business You Like Dies
Mourning the death of a favorite business, and what that says about the environment for entrepreneurs.
Read more...Ilargi: 2017 – Where the Truth Lies
‘Respectable’ news outlets have been feeding their readers ‘fake news’ for years now. 2017 will see changes in the offing, as we downsize.
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