Chinese officials sent a serious warning about ending debt growth. If they are serious, the shock waves will engulf not just China but also the global economy.
Read more...Mainstream economists to ordinary citizens: Drop dead. Or more accurately: Sorry, nothing more can be done for you. There is No Alternative.
Read more...The IMF and Germany have staked out irreconcilable positions on Greece. Who will blink first?
Read more...Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.
Read more...Why inflation targeting is a destructive practice.
Read more...Time for a Marshall Plan for unemployment: no workfare, no bullshit jobs, no compulsory work, no digging holes. Start with a Green New Deal.
Read more...Draghi plans to beat savers until morale improves.
Read more...How Wall Street is interjecting itself into the economy so that more and more is diverted to pay interest, insurance and rent.
Read more...A rare call for getting tougher with a widely practiced white collar crime, tax avoidance.
Read more...The Financial Times’ lead economics writer, Martin Wolf, makes an intellectually bogus case for negative interest policies.
Read more...How official statistics exaggerate Ireland’s performance, largely due to its status as a tax haven/offshore financial center.
Read more...On how economic growth models constrain policy debates and choices among Eurocrats, and why that is no accident.
Read more...Why aren’t all segments of the labor market equally crapified?
Read more...The economic consequences of leaving the EU are at the heart of the Brexit debate. This column studies how changes in trade and fiscal transfers to the EU following Brexit would affect living standards in the UK. Across a range of scenarios, Brexit leads to lower income per capita, but the magnitude of the loss depends on what trade policies the UK adopts post-Brexit. To minimise the economic costs of Brexit, the UK would have to remain closely integrated into the Single Market.
Read more...A new leak shows the IMF as the least bad actor of the Troika, which given its record as a neoliberal fist in third world countries, speaks volumes about European politics.
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