What If the World Cannot Save the World from Climate Change?
How climate change reveals a crisis of international governance.
Read more...Category Archives: The dismal science
New York Fed Identifies a New Way Dollar Hegemony Is Not Good for Emerging Economies and Other Growing Things
Another mechanism by which US does harm through our indifference to to the impact of our dollar/interest rate policies on other countries.
Read more...Can the Phillips Curve Explain Recent Wage Growth?
Contrary to what many have claimed, wage growth in the fourth quarter of 2022 was actually in line with what a standard Phillips curve model predicts.
Read more...The Original Sin of Economics
How a bleak Christian theology influenced the development of economics.
Read more...An Inconvenient Apocalypse
Authors Jackson and Jensen argue that we need an acopalypse, as in a full recognition of conditions, to make radical envirnmental changes.
Read more...Slavery and the British Industrial Revolution
An update on the debate on the role of slavery in Britain’s growth during the Industial Revolution.
Read more...Understanding Money and the Dollar System: Radhika Desai & Michael Hudson at Geopolitical Hour
Michael Hudson and Radhika Desai discuss the dollar regime and its prospects.
Read more...The Gold Standard
A primer on the gold standard, including a discussion of its implications.
Read more...The Economics of the Ukraine Proxy War with Michael Hudson and Radhika Desai
A meaty discussion of the broader implications of the war in Ukraine.
Read more...James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy
Read more...US Inflation Policies Slowing World Economy
The Fed is playing killer of the current inflation even though it isn’t set up to do so. That’s hurting a lot of innocent bystanders.
Read more...Radhika Desai and Michael Hudson Discuss the Causes and Politicization of Inflation
Desai and Hudson debunk widely-believed, finance-and-elite-serving myths about inflation.
Read more...Debt Ceiling Arm Wrestling Targets Ukraine Spending
The upcoming debt ceiling fight has an unusual feature: Republican opposition to military pork, or at least the Ukraine variety.
Read more...Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wage Growth
elle surprise! “Growing consolidation in localized hospital markets appears to restrict nurse wage growth.”
Read more...Economists Radhika Desai & Michael Hudson Explain Multipolarity, Decline of US Hegemony
The new year gets off to a rousing start with the launch of a new bi-weekly talk show with Radhika Desai and Michael Hudson.
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