In my previous piece — The Walls Have Doors Now — I argued that Treasury Secretary Scott Bessent’s promised “measures like have never been seen in the history of the economic isolation of a country” […]
“All roads are now leading to ‘stagflation’, where inflation rises, but economies do not expand. This is the story for Japan, Europe and even the US” Michael Roberts is an Economist in the City of […]
How the United States is using oil, technology, transportation and the dollar system to rebuild its declining global power. #Glenn DiesenWelcome back. Professor Michael Hudson joins us today, and I would advise everyone to follow […]
Guglielmo Carchedi and I have been working on a theory of inflation for several years. We completed a detailed paper some time ago which was accepted for publication by a Marxist journal. However, publication takes […]
Michael Hudson and Radhika Desai examine the gap between Trump’s promised economic boom and the reality of an economy sustained by asset bubbles rather than production. They show that the stock market’s rise reflects cheap […]
With the successful takeover bid for Commerzbank by Italy’s UniCredit, one of the biggest power struggles in European banking goes Italy’s way. Is German finance on the defensive? Read Article HERE Photo: By © Commerzbank […]
The decline and self-destruction of the United States Richard D. Wolff is an American Marxian economist known for his work on economic methodology and class analysis. He is a professor emeritus of economics at the […]
A rising share of profits in Europe are going into finance rather than productive investment. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Why is […]
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