Iran And Russia Move To Create A Global Natural Gas Cartel
The emerging Russia-Iran gas OPEC is yet another threat to Western economies.
Read more...Category Archives: Economic fundamentals
The Hope of What Was Once Called a Decent Living Has Departed for the Average Household
The UK is a serious and worsening cost of living crisis that’s impoverishing the former middle class. What will the political fallout be?
Read more...China as a Developmental State: Indigenous Innovation and Global Competition
China chose a successful technological development path, in contrast to the corporate financialization model in the United States.
Read more...Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil
How LNG scarcity is playing into Europe’s gas woes, and other markets are set to feel the effects of the LNG price squeeze.
Read more...Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees
How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.
Read more...Will the Inflation Reduction Act Actually Reduce Inflation? How Will the Corporate Minimum Tax work? An Economist Has Answers
A look at some of the tax and tax collection changes in the Inflation Reduction Act.
Read more...Economists Fear Fed Minutes Show Central Bank Bent on ‘Unleashing Mass Unemployment’
The Fed confirms its true colors of being in the business of disciplining labor, whether it makes sense of not.
Read more...A Next-Level Water Crisis: Colorado River Basin Faces Tier 2 Restrictions
More on the intensifying Colorado River water crisis.
Read more...Are Community Schools the Last, Best Shot at Addressing Education Inequity?
Community schools appear to be solving the long-standing education gap between the affluent and the less privileged.
Read more...Influential Oil Company Scenarios for Combating Climate Change Don’t Actually Meet the Paris Agreement Goals, Our New Analysis Shows
How Big Oil plays data games with the Paris Agreement climate targets, already seen by many as too permissive.
Read more...Germany to Keep Three Nuclear Plants Going Past Old Shut-Down Date to Alleviate Energy Crunch
Germany looks a wee bit desperate as it suddendly moves to keep three nuclear reactors in producion that were set for shutdown
Read more...“Housing Recession”: NAHB. Homebuilders Cut Prices as Traffic of Prospective New-House Buyers Plunges, Cancellations Spike
Housing sales and prices continuine on their grim slide.
Read more...More US Eyepoking of China with New Congresscritter Visit to Taiwan; What Will China Do Next?
The US is still escalanting with China over Taiwan. And China most assuredly is keeping score.
Read more...Striking a Bargain: Narrative Identification of Wage Bargaining Shocks
Workers and employers bargain over the surplus income generated by an employment relationship. This column uses information about key events in Germany relevant for wage negotiations, like labour strikes and the introduction of a minimum wage, to pinpoint changes in bargaining power between workers and employers. It finds that such wage bargaining ‘shocks’ are important drivers of unemployment and inflation and that their effect on wages is almost fully reflected in prices. Furthermore, they reduce the vacancy rate and increase firms’ profits and the labour share of income in the short run, but not in the long run.
Read more...Chip Shortages And Inflation Are Plaguing The Auto Industry
Chip woes still bedevil carmakers, to the degree that auto quality ratings are down, particularly for preimum vehicles.
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