Michael Hudson: 18th Century Writers Understand Effects of War Debt Better Than IMF
Michael Hudson explains how the IMF’s view of war debt is dangerously misguided and older economic thinkers had much better take.
Read more...Michael Hudson explains how the IMF’s view of war debt is dangerously misguided and older economic thinkers had much better take.
Read more...Fiscal pressures are set to intensify battles among shifting European leadership groups as to how much to spend and on what.
Read more...How the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
Read more...Rishi Sunak is still flogging his failed freeports initiative as a success. If they were to take off, the winners would be dodgy operators.
Read more...Modern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks
Read more...“Modern” elements of enterprise were present in Mesopotamia in the third millennium BC and the institutions supported long-term growth
Read more...Apple’s dystopian ode to rentierism.
Read more...How trade liberalization cut Africa’s modest production capacities, industry and food security.
Read more...This column examines why consumer sentiment in the US remained depressed in 2023 despite low unemployment and falling inflation, and finds that increasing borrowing costs can explain much of this gap.
Read more...Which Industries Lost Jobs, Which Gained Jobs: Longer-Term Employment Trends in Charts
Read more...Why has Biden failed to add a clause to Federal contracts to protect workers from mass layoffs?
Read more...The obsession of big-name economists with defending a bad model has consequences, here, a policy aim of whacking wages.
Read more...Is industrialization the original sin of both capitalist and Communist/socialist economic systems?
Read more...New EU fiscal rules, touted as creating and economic growth, actually embody a dangerous agenda to shred social safety nets.
Read more...Varoufakis weighs in on topics of keen interest: the looting of Greece, then and now, the European left, and Palestine.
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