Economics
Karthik Sankaran: Targeting China, Biden fires a big tech salvo at the entire world
The administration divides the globe, putting both friends and adversaries into tiers slated for new chip export restrictions Read HERE
Finance
Economics
Michael Hudson – Weaponizing the US Dollar
Hudson’s Law: Every U.S. action attacking other countries tends to backfire and end up costing American policy at least twice as much. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), […]
Economics
Michael Roberts – The exceptional economy
Donald Trump takes over next week in the US. He wants to make America great again. He wants to make America ‘exceptional’. But that adjective best describes China, not the US. Michael Roberts is an Economist […]
Economics
Richard Wolff’s Last WARNING: “What’s Coming Is WORSE Than A Recession”
4 January 2025 Richard D. Wolff is an American economist and professor emeritus at the University of Massachusetts Amherst. He is known for his critiques of economic inequality and his advocacy for worker cooperatives as […]
Economics
James Galbraith – The Origins of the Modern Era of the Federal Reserve: Five Books
Fifty years ago the actions of the Federal Reserve mattered. Today, so far as the aggregate measures of the American domestic economy go, they do not. Books discussed in this essay: Sarah Binder and Mark […]
Climate Crisis
Bill Mitchell: Shifts in societal attitudes towards well-being mean that a degrowth strategy does not necessarily have to be political suicide
The link between growth and human happiness Read HERE
Corruption
Robin McAlpine – Change the story, change the future
The authoritarian neo-liberal political class together with state and corporate media bombard us daily with the same old lie: CAPITALISM IS GOOD FOR US. It is good for the wealthiest 10%, but it is destructive […]
Deregulation
Dean Baker – How Democrats Betrayed the Working Class
US workers were sytematically lied to by the democrats, who served corporate interests. Policies will be even worse under the Republicans Dean Baker is a Senior Economist at the Center for Economic and Policy Research […]
Economics
Kyiv Independent: Trump calls on NATO to raise defense spending to 5% of GDP
As the EU already faces massive budget deficits, this would mean major cuts in expenditures for infrastructure, social services, eductation, and health services. The price for US hegemony Read HERE Berlin, Germany
Economics
DeStatis – German Recession: New orders in manufacturing in November 2024: -5.4% on the previous month
New orders in manufacturing: November 2024 (in real terms, provisional): -5.4% on the previous month (seasonally and calendar adjusted) -1.7% on the same month a year earlier (calendar adjusted) Read HERE