The Economic Drivers of Political Disruption in Advanced Economies
The (bad) economic policy roots of political polarization.
Read more...Category Archives: Economic fundamentals
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?
Read more...How ‘Competitiveness’ Became One of the Great Unquestioned Virtues of Contemporary Culture
How political authority has legitimated and promoted the questionable goal of competitiveness.
Read more...Wolf Richter: US Homeownership at Lowest Level in Over 50 Years
Despite large subsidies to housing and mortgage finance. homeownership has plunged to 1960s levels.
Read more...Michael Hudson: Obama Said Hillary Will Continue His Legacy – and Indeed She Will!
An update on Hillary’s coronation.
Read more...Do “Unconventional” Monetary Policies Work?
A skeptical look at unconventional monetary policies: quantitative easing, ZIRP, and negative interest rates.
Read more...Oil Industry About To Be Burned Again By Fall In Oil Prices
Easy access to capital has driven oil prices lower and is likely to do again as E&P’s directly invest in more rigs ahead of demand.
Read more...The Immorality and Brutal Violence of Extreme Greed
Yves here. Please welcome guest blogger #SlayTheSmaugs. For those of you who have neither read The Hobbit nor seen the movies, “Smaug” is probably a meaningless word. In The Hobbit, Smaug is a massive and vicious dragon. He sits on a pile of gold and jewels that would bury a football stadium’s grass several feet […]
Read more...Another Nail in the Brexit Fantasy Coffin: Germany’s Car Makers Are Not Cowed
More evidence that the idea that the UK would have a negotiating advantage in Brexit talks is not well founded.
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