Germany is very upset that Poland has voted in a populist, Euroskeptic, anti-austerity government. And Germany is particularly unhappy that the new regime is increasing its control over public media….which Germany already has in place.
Read more...A new article makes a devastating attack on a fundamental belief driving Eurozone policy, that the member economies need to be made more “competitive,” meaning labor needs to be squeezed, for the currency union to achieve more growth.
Read more...Bond yields warn of deflation. How real is this worry?
Read more...How tight linkages among phenomena, such as oil and commodity prices, and flagging non-elite wages, are about to cause substantial economic disruption.
Read more...China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...A list of some of the factors driving the recent market upheaval in China. Readers will hopefully add to and refine this compilation.
Read more...A new paper puts another nail in the coffin to the idea that lowering corporate tax rates will boost growth.
Read more...The factors that dragged down the global economy in 2015 will persist – and in some cases worsen – in the new year.
Read more...What is deflation? What has caused inflation to fall? And why is there no such thing as ‘good deflation’?
Read more...What makes bureaucracies innovative?
Read more...Stocks took a beating around the globe on the first day back in 2016. Hopes of a better year start out inauspiciously.
Read more...Private equity’s misadventure in ships is yet another proof of both hubris and too much money looking for deals.
Read more...Like Akira Kurosawa’s “Rashomon”, the story of Syriza is also one about a rape told from different, self-serving and contradictory perspectives.
Read more...Why are so many people in the soi-disant left who are not career progressives, meaning not part of the Vichy Left, so cautious about calling out Obama’s failures?
Read more...Yves here. I beg to differ a tad with Hudson in this Real News Network video regarding his third economic story. The US had already pushed Europe to side with it against Russia when it hit Russia with economic sanctions. The US had similarly declared an economic war of sorts against China with its “pivot […]
Read more...