Gross domestic product in the U.S. declined at a 1.4% pace in the first quarter, below analyst expectations of a 1% gain. Declines in fixed investment, defense spending and the record trade imbalance weighed on […]
The final stages of capitalism may well be in the state-capitalist forms such as the form the Chinese have developed Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, and […]
The effects of the Ukraine war are being felt worldwide. Patrick Cockburn is the author of War in the Age of Trump (Verso) Cross-posted from Counterpunch Photograph Source: Ray Weitzenberg – CC BY 2.0 The war […]
Dealing with inflation has become, as many had warned, more difficult than thought. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) Cross-posted from the CEPR Blog Inflation has […]
Shutterstock Mark Diesendorf, UNSW Sydney Many climate activists, scientists, engineers and politicians are trying to reassure us the climate crisis can be solved rapidly without any changes to lifestyle, society or the economy. To make […]
The ECB keeps repeating that it is on a path of monetary policy “normalisation”. But what is behind this phrase and why does the ECB like it so much? I argue that it currently functions […]
The easing of the pandemic combined with the cost of living crisis is testing the sustainability of food and grocery delivery platforms The Gig Economy Project, led by Ben Wray, was initiated by BRAVE NEW […]
Two months into the war on Ukraine, why have Europeans allowed the US, which is of course not part of Europe, to dictate reckless policies against Russia over what are purely European issues? Is this […]
Charles Devellennes Macron may have won the election, but he’ll face fierce opposition on the streets. Read Here
Our health systems and labour markets have been pushed into unworkable states by the fiscal cuts, outsourcing, privatisation, casualisation, wage restraint, etc – all pursued in the name of making us all better off and […]
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