Austria: A Case Study of How Offshoring Lowered Growth
Austria illustrates that over time, offshoring reduces the skill levels of domestic workers and even organizations.
Read more...Category Archives: Economic fundamentals
Bill Gross Chides CalPERS for Its 7.5% Returns Assumption; Illinois Set to Lower Target
More and more experts are taking CalPERS and other public pension funds to task over their barmy return assumptions.
Read more...Michael Hudson: Clinton’s Red-Baiting Distracts from Failure to Address Inequality, War-Mongering as Trump Flails
Clinton’s attacks on Trump distract attention from her 1% serving economic policies and her war-mongering, but Trump isn’t responding effectively.
Read more...Economists Mystified that Negative Interest Rates Aren’t Leading Consumers to Run Out and Spend
It been remarkable to witness the casual way in which central banks have plunged into negative interest rate terrain, based on questionable models. Now that this experiment isn’t working out so well, the response comes troubling close to, “Well, they work in theory, so we just need to do more or wait longer to see […]
Read more...Big Oil Increasingly Funding Dividends With Borrowing
Borrowing to prop up dividends…what could go wrong?
Read more...How CEOs Get Paid for Luck
Lackluster growth is everywhere….except in CEOs’ pay packets. Wonder why?
Read more...Emergy (with an “m”) and Environmental Accounting for Maine’s Landfill
Policy implementing the Maine Solid Waste hierarchy should be justified using emergy as the unit of account, and not dollars.
Read more...The Economic Drivers of Political Disruption in Advanced Economies
The (bad) economic policy roots of political polarization.
Read more...Why the Crisis in Italy is Not Over
The structural roots of Italy’s economic problems.
Read more...Brexit Realism: Maybe Voters Were Not Dumb
By David Miles, Imperial College Business School. Originally published as a chapter in the VoxEU ebook, Brexit Beckons: Thinking ahead by leading economists, available to download free of charge To some, the Brexit referendum was a failure by economists to persuade UK voters that leaving the EU would entail major economic costs. This column argues […]
Read more...5 Ways Corporate Power Increases Inequality
How corporate power squeezes the middle class.
Read more...The Politically Expedient German Scheme for Eurozone Sovereign Debt Bail-Ins
Yet another half-baked European bail-in plan.
Read more...Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Pool
Insurers are going long risk at one of the worst possible junctures.
Read more...Did Germany Just Blink?
Germany just cut Spain and Portugal some budgetary slack. What’s driving this unexpected outbreak of reasonableness?
Read more...Italian Bank Failures Could Disintegrate the EU
How bad is the Italian banking mess?
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