The Disaster of Greek Austerity – What Next?
More on the ground readings on the impact of austerity in Greece.
Read more...Category Archives: Economic fundamentals
Ilargi: The Great Fall Of China Started At Least 4 Years Ago
Why China’s slowdown and exported deflation started far earlier than most pundits and analysts would have you believe.
Read more...To Fix Inequality and Steady the Economy, Think Radically
Originally published at the Institute for New Economic Thinking website Adair Turner, Chairman of the Board of the Institute for New Economic Thinking and former Chairman of Britain’s Financial Services Authority (2008-13), is the author of a new book that takes aim at economic and political orthodoxies, Between Debt and the Devil: Money, Credit, and […]
Read more...The Disaster of Greek Austerity
Data and on the ground reports on the high cost of Greek austerity.
Read more...10 Economic Facts that Power the Sanders Insurgency
Why are so many drawn to the Sanders message? It’s because so many of us want to stop our entire society from crumbling beneath the destructive power of runaway inequality.
Read more...How Pursuing “Competitiveness” Crushes Labor and Lowers Growth
Why pursuing national “competitiveness,” as in squeezing labor pay and rights, does not produce the promised benefit of more growth.
Read more...For Profit College, Student Loan Default, and the Economic Impact of Student Loans
A deep dive into some new information about the student loan defaults and the impact of borrowing on borrowers. Short version: not pretty.
Read more...Greece and Creditors at Loggerheads Again; Troika Wants More Foreclosures
uropean creditors want to extract more blood from a stone, in this case Greece.
Read more...Wait: Maybe Europeans are as Rich as Americans
Many Europeans argue that when you adjust nominally higher American incomes for how much we spend from our own pockets on healthcare plus the longer hours we work, we aren’t better off.
Read more...Liquidity Traps as Black Holes
Beware! Liquidity traps are even nastier than you thought.
Read more...Martin Wolf on the Low Labor Participation as the Result of the Crapification of Jobs
Why are more and more prime age people refusing to take jobs on offer?
Read more...Mussolini-Style Corporatism, aka Fascism, on the Rise in the US
While the new neoliberal economic order is not a replay of fascism,, there is a remarkable amount of inhibition in calling out the similarities where they exist.
Read more...“Stunning” Rise in Death Rate, Pain Levels for Middle-Aged, Less Educated Whites
An HIV-level silent epidemic has hit less-educated, middle aged whites, with death rates rising, contrary to patterns in the rest of the world and in other US populations.
Read more...Who Benefits From Sovereign Debt Crises?
Even though the struggle over Greece’s bailout has receded from the news, with many countries carrying large debt burdens, the need to restructure sovereign debts is not going away. This Real News Network segment gives an overview of the state of play.
Read more...Michael Hudson: How the U.S. Avoided Chronic Deflation by Relinquishing Monetary Control to Wall Street
Why finance-influenced economic policy in the US has managed to avoid deflation while in Europe, it has stoked it.
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