The situation is simply that the ECB made things worse by ignoring the incoming inflation storm and now seems set to continue tightening when the outlook is better. So they made it worse on the […]
How capitalism has changed from its 19th century variety of industrial capitalism to the 21st century version where we think of capitalism as financial Branko Milanović is an economist specialised in development and inequality. His […]
What is inflation? What causes it? What are the problems in how the Federal Reserve and other central banks respond to it? Michael Hudson is President of The Institute for the Study of Long-Term Economic […]
James Kinsella, University of Bath and Richard Fairchild, University of Bath To the delight of investors across the cryptosphere, the price of bitcoin (BTC) has rallied over 53% since its low of US$15,476 (£12,519) in […]
1. It would better for the speculators to stop their futile attempts to profit from pressuring the Bank to raise rates and end its bond-buying program. 2. The Bank will not cede to this pressure, […]
The Korea Automobile Manufacturers Association announced on Jan. 25 that car exports from China increased 54.4 percent to 3.11 million units last year. Japan’s exports totaled 3.2 million from January to November and China came […]
Washington could lose much of its international influence if policymakers don’t change their approach. A Q&A with Aude Darnal. Read Here
The latest scandals to have hit the EU should come as no surprise. The EU and its institutions are corrupt by design, largely as a result of three fundamental pillars that serve to concentrate power […]
The global economic restructuring that began roughly four decades ago—often associated with the term Neoliberalism—has run its course. Jack Rasmus is author of ’The Scourge of Neoliberalism: US Economic Policy from Reagan to Trump, Clarity […]
This column uses a new measure of human capital to estimate the long-term effect of school closures on aggregate productivity across OECD countries Christine de La Maisonneuve, Balázs Égert and Dave Turner are Economists at […]
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