Hubert Horan: What Will it Take to Save the Airlines?
The airlines are facing an existential crisis, yet no one in power is inclinded or even equipped to intervene.
Read more...Category Archives: Economic fundamentals
Michael Hudson: Fed’s $10 Trillion Defends Assets of the Rich
Michael Hudson gives a detailed, if sobering, account of the outlook for the economy.
Read more...EU Stimulus Fakery as Brexit Stumbles Forward
The news on the EU and UK fronts is less than promising. It looks good only compared to rampaging cops on this side of the pond.
Read more...The Federal Reserve’s Coronavirus Crisis Actions, Explained (Part 7)
This is part 7 of my ongoing coverage of the Federal Reserve’s Coronavirus actions.
Read more...Why New Infrastructure Is a National Imperative
Time to do something about America’s creaky infrastructure.
Read more...COVID-19 in Mauritius and Other Tourist Paradises: A Progress Report
Mauritius coped well with Covid-19 despite its tiny size and the importance of tourism.
Read more...Death, Suicides, And The Pandemic Economy
The data on suicides and economic distress is more muddy than you’d expect.
Read more...Heiner Flassbeck: The Euro Arrangement Is Faulty
Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.
Read more...Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era
An incisive take from the no-holds-barred Tom Ferguson.
Read more...What Are the Three Concurrent Crises of the Coronavirus Depression?
Past theories of crises and why they matter now.
Read more...New York Rent Strikes During the 1918 “Spanish” Influenza
The hard-fought rent battles during and after the Spanish flu make modern protests look tame.
Read more...Michael Hudson: Debt, Liberty and “Acts of God”
How ancient societies forgave debt that became unpayable due to circumstances outside the borrower’s control.
Read more...Michael Hudson and Dr. Jeffrey Miron of Cato Debate Capitalism
Michael Hudson sharpens some of his arguments in a discussion with a Harvard/Cato Institute stalwart.
Read more...Yanis Varoufakis: Have Merkel & Macron Just Announced a Eurobond-Funded Godsend for the EU?
There’s not a lot of there there in a proposed EU rescue scheme.
Read more...The Lockdown Protestors Are Not Working Class
Contesting the messaging about lockdown protests.
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