Category Archives: Globalization

With Official Unemployment This Low, Why Are Wages Rising So Slowly?

Why has wage growth been lousy in a supposed recovery? Thank your politicians for fostering the growth of the precariat.

Tories, Trapped by Their Red Lines, Again Blame EU as Clock Runs Down

Assume the brace position. A hard Brexit is looking more likely.

Corbyn’s Brexit Challenge: From the Frying Pan into the Fire?

Unfortunately, Corbyn finally stepping into the Brexit fray looks like different cherry picking and potentially even more political upheaval.

Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100

Astonishingly, climate change accords like Kyoto and Paris ignore the impact of trade. That omission means our collective goose is cooked.

Tories Double Down on Brexit Fantasies as EU Again Says “Nein”

Yet another Groundhog Day in Brexit land…

Law Professor Proposes Bringing Back Indentured Servitude

Indentured servitude is the new idea for how to get immigrants to come to American at less than minimum wage pay.

Davos: Alive or Dead?

Politicians and economists are meeting at Davos, but as times change, does neoliberalism retain its cachet?

Another Brexit Mess: “Grandfathering” Existing Free Trade Agreements Looks Unlikely

Another item on the Brexit problem list: what to do about free trade agreements that will cease to apply to the UK on Brexit day.

Growth-Equity Trade-Offs in Structural Reforms

There is a fear that certain reforms could further exacerbate inequality….

A Transatlantic, Transpacific or Eurasian Global Economy?

Which nexus – Transatlantic, Transpacific or Eurasian– is likely to dominate global trade?

Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.

A detailed and well-argued explanation of how the growth in the role of financial markets has become destructive.

The Chinese Banking System: Much More Than a Domestic Giant

Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.

UK Asks the Rest of the World to Be Super Duper Nice and Act as Its Old Deals Are Still Valid Post Brexit

Yet another Brexit train wreck.

Weight Gains from Trade in Foods: Evidence from Mexico

The majority of obese adults are now found in developing countries.