Welfare Can Discourage Crime More Than It Discourages Work
Who’d have thunk it? Income support, such as welfare, reduces crime.
Read more...Category Archives: Economic fundamentals
Weaponizing Free Trade Agreements
free trade agreements may increasingly become economic weapons in the new Cold War, disrupting earlier globalization.
Read more...The Fed Tackles Kalecki
A well regarded paper by Fed researchers challenges conventional views on the relationship between inflation and employment
Read more...Oil Markets Could Face A Doomsday Scenario This Week
How will oil markets react if they get confirmation that OPEC+ has no spare production capacity?
Read more...“G7 Aims to Hurt Russia with Price Cap on Oil Exports”
If this harebrained Russia oil price cap scheme gets off the ground, it’s likely to be yet another Western economic own goal.
Read more...“Why the Ukraine Crisis Will Make Little Difference to Dollar Supremacy”
Why the depth of the U.S. securities market will extend dollar hegemony beyond what would seem to be its natural sell-by date.
Read more...How Greedy Corporations Fuel Inflation
How companies are adding to inflationary pressures by increasing prices when not warranted by costs.
Read more...WTO 12th Ministerial Conference Continues Sorry Record of Anti-Worker, Anti-Developing Economy Policies
After pretenses that it might be more solicitous towards people, as opposed to big companies, the WTO followed the money masters.
Read more...Lithuania’s Step Too Far — Blockade of Kaliningrad Draws No Support from US, UK, EU, NATO, as Russia Prepares “Practical Steps”, “No Diplomacy”
If it doesn’t pull back on its interference with Russian shipments, Lithuania is set to get whacked for messing with Kaliningrad.
Read more...Estimating the Short-Term Impact of War on Economic Activity in Ukraine
A rosy-seeming view of how Ukraine’s economy is faring.
Read more...Michael Hudson: The Fed’s Austerity Program to Reduce Wages
The Fed, following neoclassical orthodoxy, hates having ordinary workers properly paid.
Read more...Michael Hudson Talks About Almost Everything with Jonathan Brown
Another blockbuster interview with Michael Hudson.
Read more...Housing Market Takes Another Body Blow with Sharp Interest Rate Rise
A short update on the housing market.
Read more...Noam Chomsky: Ukraine Is a Diplomacy No-Go Zone
If this is what Western “realism” about Ukraine looks like, our goose is cooked.
Read more...Gazprom Reduces Gas Flows To Italy
More on the dastardly gast cuts to Europe by Gazprom.
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