This is a good take on tariffs, free trade, and protectionism and what the advantages and disadvantages are.
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Geopolitics
Michael Roberts – A ‘middle income’ or profitability trap?
The World Bank admitted that most Global South economies are not closing the gap in per capita income or labour productivity with the advanced capitalist economies Michael Roberts is an Economist in the City of London […]
National Politics
Axios: U.S. protests Israel’s refusal to back UN resolution condemning Russia
U.S. Ambassador to the UN Linda Thomas-Greenfield protested to her Israeli counterpart over Israel’s refusal to join 87 countries in backing a U.S.-led resolution to condemn Russia’s invasion of Ukraine at the UN Security Council […]
Economics
DeStatis – German Production in January 2023: -1.6% year on year
Output rose 3.5 per cent in January from the previous month, although this mostly was a rebound from December’s fall. But DeStatis always selects the positive numbers. That is what happens when your paymaster is […]
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