Another Trump Big Lie: “Reciprocal Tariffs”
Further discussion of the delustions and misrepresentations of the Trump tariffs.
Read more...Category Archives: The dismal science
Bracing for the Fallout from Trump Tariff Delusions
Trump is about to drop another big tariff shoe, and pretty much no one but very hard core ideologues is on board.
Read more...The Perceived Costs of Business Cycles and Inflation
Quelle surprise! People really hate the uncertainty that comes with business cycles. This bodes ill for the Trump regime.
Read more...“Might the US Be About to Fall Off an Economic Cliff?”
The respected Atlanta Fed NowCast is scary bad, as in economic shoes about to drop in a big way bad.
Read more...Capitalism in Decay
A compact assessment of where capitalism is taking us.
Read more...New York Fed’s Measure of “Inflation Persistence” Nixes Friday’s Idea that YoY PCE Inflation Cooled, Using Same Data
Inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods.
Read more...Capital as Power in the 21st Century: A Conversation
An in-depth discussion by Michael Hudson, Jonathan Nitzan, Blair Fix and Tim Di Muzio of the capital as power framework and its explanatory value.
Read more...Charles Kindleberger, the Dollar System, and Financial Crises
On Perry Mehrling’s Money and Empire: Charles P. Kindleberger and the Dollar System, including how some of his key ideas have been borne out.
Read more...The Bazooka Diplomacy of Trump’s Tariffs
A look at theory and practice as far as tariffs are concerned, and what that means for Trump’s threats and plans.
Read more...Trump’s Shock Doctrine: Uncertainty and the Repudiation of Contracts
How Trump’s economic revolution and the uncertainty it is creating are already wreaking havoc.
Read more...The Execution of the CFPB: Capitalism Survives Another Attempt to Save It
A discussion of Elizabeth Warren’s naivete about the predatory nature of capitalism.
Read more...James K. Galbraith Discusses His New Book, Entropy Economics, Plus DOGE, Bitcoin and Tariffs
A wide-ranging talk with Jamie Galbraith on his book, Entropy Economics, which focuses on the neglect of real resources, and recent events.
Read more...Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis
Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
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