The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
An overview of the economic impact of Trump’s second term flurry from some Serious Economists. They don’t find much to like.
Read more...Category Archives: Economic fundamentals
The Ancients: What Can They Teach Us About Our World and How to Live in It?
I recently added a new volume to my Shelf of Little Books, some of which are not so little but all of which repay re-reading that helps me understand our world a little better with each successive encounter. The newest resident of the shelf was published earlier this year by Princeton University Press: Following Nature’s […]
Read more...The Economics of Undyed Hair Roots
Monitoring a recession indicator: hair salon visits, or more accurately, their reduction.
Read more...Yanis Varoufakis: The Economics of Europe’s Descent into Warmongering
The long path that has led Europe to see big defense spending will be a lifeline, hence the need to stoke war fever.
Read more...Satyajit Das: A Fist Full of Dollars
Two recent books seem unduly complacent about the status of the dollar as reserve currency.
Read more...“Is All Economic Growth Good?”
It can’t be said too often: what most economists call growth is too often what we here call groaf.
Read more...“Trump Administration Closes In on Hard-Hitting Sanctions on Russia”
Russia sanctions enthusiasts try to talk over how Ukraine undercut Trump support with Ukraine’s attack on Russian nuclear deterrence assets
Read more...China’s Rare Earths Weapon Could Kill Europe’s Auto Industry
More on US and European car-makers’ vulnerability to China’s new rare earths licensing regime.
Read more...Michael Hudson: Trump’s Contradiction-Riddled Strategy to Preserve US Hegemony
Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.
Read more...How Tourism Pushed Barcelona to Breaking Point, and How Social Movements Are Fighting Back
Barcelona features locals turning activists to curb tourism levels that hurt everyday life, particulalry for lower income. residents
Read more...Satyajit Das: Lessons from Japan’s Massive Debt Hangover
While there are things the debt-addled West can learn from Japan, the dirty secret is they were in some key ways in better shape than we are.
Read more...Yanis Varoufakis: In the EU Nothing Succeeds Like Gross Failure: The Astonishing Case of Ursula von der Leyen
A much-deserved evisceration of both Ursuala von der Leyen and the chumps who’ve bought what she has been selling.
Read more...Like China, a Mexico Tariffs Own Goal: US Dependence on Mexico Energy Trade Means “Those Tariffs Never Stood a Chance”?
More evidence of Trump cluelessness in his Mexico and China tariffs bobs and weaves.
Read more...Tariff Turmoil and the Money Markets: Yet Another Rescue Coming
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.
Read more...Michael Hudson: The Secret Deal That Started a Global Economic War
Micheal Hudson explains how Trump’s tariffs are yet another device to force countries to accept poilcies that benefit the US.
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