Economics
Larry C. Johnson – The Pipeline That Was Supposed to Save Saudi Arabia
The East-West line to Yanbu is breaking down, and with it the kingdom’s last reliable route around Hormuz Read Article HERE
Economics
Artificial Intelligence (AI)
Dean Baker – France’s Debt Problem is an AI Problem
If the AI hype is true, we won’t need to worry about fiscal deficits because growth will solve all problems. If they are wrong and the AI bubble bursts, interest rates will fall sharply. Dean […]
Economics
Michael Roberts – Back to Keynes for ‘the good life’?
A new play exalts economist John Maynard Keynes as a prophet of the good life, but was he really? Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael […]
Economics
Aidan Regan – Ireland: A European welfare state on an American tax base
Budget 2027 tells you who gets what this year. Ten years of budgets tell you who pays, and for how long. Aidan Regan is a professor of political economy at the school of politics and […]
Economics
Larry C. Johnson – The Other Hormuz Shocks: LNG and Helium. Economic effects of the Persian Gulf cutoff, from first-order to tertiary
This is a follow-up to my previous piece on the economic effects of the Persian Gulf sulfur and urea cutoff. In that piece I argued that the public conversation about the Strait of Hormuz has […]
Austerity
Michael Hudson – Feed Your Country or Pay Your Creditors
Iran war could turn rising oil and food costs into a debt crisis, forcing countries to put their populations before creditors. Energy prices and the risk of a world depression Robinson Erhardt: Michael, I woke […]
Austerity
Steven Marsh – The Spanish Housing Crisis: Activists call a general strike
Thousands of protestors have set up encampments in city squares across Spain. The immediate spark has been the housing crisis but years of neo-liberal driven austerity have brought matters to a head Steven Marsh is […]
Economics
Jill Lepore, Chris Hedges – The Rise and Fall of the Artificial State
The ideological roots of our Big Tech technocrats, and how tech is facilitating the elimination of the democratic gains that centuries of political struggle have earned Americans Chris Hedges: An outgoing researcher at Anthropic announced […]
Economics
Ann Pettifor: The Bond Market’s Premonition: High Rates, Defaults, Slump, and War
The K-shaped global economy that enriched the rich and impoverished the rest now threatens collapse Read Article HERE
Economics
Larry C. Johnson: The Human Cost of The War Nobody Is Counting: Sulfur, Fertilizer, and an Email from Florida
For seven months, the coverage of the war with Iran has been about oil: tanker counts, the price of Brent, how much is left in the Strategic Petroleum Reserve. Hardly anyone outside the fertilizer trade […]