Macro N Cheese – Debt Deflation and the Neofeudal Empire with Michael Hudson
Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump’s MMT.
Read more...Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump’s MMT.
Read more...An illustration that some and perhaps many Trump voters don’t fit mainstream media stereotypes.
Read more...The Brexit process is as ugly as ever.
Read more...Tracking the damage in big city residential rents.
Read more...Richard Vague, who has studied financial crises, has honed in on the destructive impact of private debt and the need for debt jubilees.
Read more...Restoring manufacturing to the US is a tall order. Not surprisingly, Trump’s approach has been unserious.
Read more...Why the riots of this summer resulted from the ever-increasing exploitation of low-income Americans, and how a Job Guarantee would reverse this power imbalance.
Read more...Coronavirus damage is working its way up the economic food chain and is now hitting professionals in a meaninful way.
Read more...Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
Read more...Some econmists have criticized industrial policy as zombie-crearting “macroeconomic populism.” Evidence indicates otherwise.
Read more...Boris Johnson is pressing his Brexit luck, which wasn’t looking all that hot.
Read more...Hubert Horan recaps a talk with FT Alphaville’s Izabella Kaminska on why the airline is in desperate shape and not considering solutions.
Read more...Unemployment claims continue to increase, with nearly 20% collecting unemployment insurance. even according to the stringent claims criteria.
Read more...Lance Taylor explains that wage repression — far more than monopoly power, offshoring or technological change — is driving rising inequality.
Read more...New York City disproves popular beliefs about flight from cities and rent declines.
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