Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data.
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Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Economics
Grace Blakeley: The US-China trade war is a distraction from the true failures of liberal globalisation
‘The problem isn’t Mexican migrants or Chinese factory workers — it’s the global elite that built an economic model so extractive, exploitative and unstable that it has provoked the kind of nationalist backlash not seen […]
Economics
Wolfgang Streeck – Social Contract or Expert Rule: Capitalism, Democratic Politics, Economic Expertise, and the Battle against “Populism”
The German Wirtschaftswunder was not the result of economicexpertise applied by Ludwig Erhard to postwar West Germany. There is no uni–versally applicable theory-cum-practice of a “social market economy.” A capitalisteconomy is a political economy that […]
Climate Crisis
DeSmog UK: Majority of Directors of World’s Top Insurance Companies Tied to Polluting Industries
Analysis found links to Exxon, Koch Industries, and the US Chamber of Commerce, raising concerns about a potential “revolving door,” one campaigner said, between the insurance and fossil fuel industries. Read here
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