Why Do We Need a 24/7 Economy?
Lessons from the ice cream factory
Read more...Category Archives: Economic fundamentals
Why Has the Press Ignored Retailers’ Crappy Black Fridays, as Experts Warn of Coming Bankruptcies?
The retail sector is staring to flash “Watch out below” warnings. How many store chains will be forced to retrench?
Read more...Congress ‘Asleep at the Switch’ as Biden Continues Trump-Era Ploy to Privatize Medicare
Call or write your Congresscritters to amplify the >1,500 physicians who warn that “direct contracting” threatens “Medicare as we know it.”
Read more...Finance Group Fails To Deliver at COP26
Finance, which some see as uniquely positioned to save the planet, has already bankrolled 1.5֯ C of warming.
Read more...Michael Hudson on Truth Jihad Radio Discussing Super Imperialism, Rentierism, and the American Political Duopoly
Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
Read more...Jobs Grow — Along With the Pandemic Gap Between Rich and Poor New Yorkers
The example of New York City shows that the rich are continuing to pull ahead during the Covid respite.
Read more...Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame
Some non-mainstream experts discuss inflation: what is driving it, how long it might persist, and what if anything the officialdom can do.
Read more...COP26: Climate Pledges Don’t Match Up With Policies—or Consumer Behavior
The ink is barely dry on COP26 pledges, and it’s not hard to see that they are largely for show.
Read more...An Increase in Interest Rates Would Be An Act of Class Warfare
While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...Dems Continue To Sink Despite Improving Economy
The popularity of the Dems is diverging from the apparent trajectory of the economy, a not normal state of affairs.
Read more...Employers Still in Denial About the New Normal of Fed-Up Low Wage Workers
Who’d have thunk it? Beating the workers not only does not improve morale, it is leading them not to turn up at all.
Read more...Latest Fed Financial Stability Report Underplays Supply Chain Risk
The financial press overhyped the latest Fed stabilty report’s comments on China, and ignored the near total absence of supply chain woes.
Read more...Jobs Data Shows Something Big Changed in this Monstrously Overstimulated Economy
Cheerleading about the much improved jobs picture overlooks how many workers have gone missing.
Read more...Metals May Become the New Oil in Net-Zero Emissions Scenario
Economists project that prices for energy-transition metals will soar and their combined value could match that of crude oil
Read more...Michael Hudson: Is This the End of the Unreformable Democratic Party?
Have the contradictions of the Democratic Party’s overarching strategy finally become untenable?
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