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Home2022August

Month: August 2022

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Climate Crisis

Steve Keen, Phil Dobbie – Can the price mechanism fix everything?

August 8, 2022 Mathew D. Rose 0

On the Why Curve podcast last week, Phil (and Roger Hearing) spoke to Daniel Gros, Director of the Centre for European Policy Studies, who argued that the gas crisis in Europe will be largely resolved […]

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Economics

Bill Mitchell: US Labour Market – creating work but participation and real wages falling

August 8, 2022 Mathew D. Rose 0

In July 2022, the US labour market produced reasonable growth in employment but at the same time the participation rate fell. The fall in the official unemployment rate was all down to the declining participation […]

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Economics

Noam Chomsky – 21st-Century US Foreign Policy Is Shaped by Fears of China’s Rise

August 7, 2022 Mathew D. Rose 0

The U.S.-China rivalry is likely to dominate world affairs in the 21st century. In this geostrategic game, certain states outside the western security community, such as India, are expected to play a key role in […]

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Economics

Branko Milanović – Interpreting or misinterpreting China’s success

August 7, 2022 Mathew D. Rose 0

When ideology triumphs in academia. A critique of Brandt and Rawski explanation of China’s long-term growth Branko Milanović is an economist specialised in development and inequality. His newest  book is “Capitalism, Alone: The Future of […]

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Climate Crisis

Michael Roberts – The IRA and the four horsemen of the climate apocalypse

August 7, 2022 Mathew D. Rose 0

There is much talk by governments and corporations about stopping climate change, but nothing really happens beyond the headlines. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael’s […]

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Economics

Unite: Arriva accused of offshoring North West bus profits to German government-owned holding company

August 7, 2022 Mathew D. Rose 0

In the last 10 years a total of £560 million has been paid in dividends from Arriva’s UK bus division to the parent company Deutsche Bahn. During that time bus workers in Arriva North West […]

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Austerity

Richard Murphy – Universal basic services are the only answer to the crisis we are facing

August 6, 2022 Mathew D. Rose 0

A lengthy in depth look at what is probably in store for the British economy in the near future. A lot of this is also relevant for the EU Richard Murphy is an economic justice […]

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Climate Crisis

Sergio Cesaratto – Italy: ‘Inflation will be beaten by the end of the war, not by recession’

August 6, 2022 Mathew D. Rose 0

Italy’s economic outlook is not rosy, with the US economy in recession and clouds over the German economy heavily dependent on Russian gas (with Italy heavily dependent on exports to Germany). Sergio Cesaratto teaches European […]

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Austerity

Yanis Varoufakis: Inflation as a Political Power Play Gone Wrong

August 6, 2022 Mathew D. Rose 0

The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off? Was it China, where most physical production had moved […]

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Economics

J. W. Mason: A High-Pressure Economy Could Reshape Work. If the Fed Lets It.

August 6, 2022 Mathew D. Rose 0

The labor market is exceptionally tight, at least by the standards of recent history. That matters for monetary policy, but its importance goes beyond inflation, or even material living standards. We are used to a […]

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Book Reviews

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EU politics

Blitzed: Drugs in Nazi Germany by Norman Ohler

August 10, 2025 0

Book review by  Branko Milanović As I walked yesterday past the Metropolitan Museum in New York, I saw, among many stands that sell all kinds of trinkets, a table filled with books. One attracted my […]

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

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