Another must read from Wolfgang Streeck on the perils of American hegemony in Europe, in New Left Review’s Sidecar.
Read the article HERE.
Wolfgang Streeck: A bipolar order?
Climate Crisis
ABC News: 2023 on track to be world’s hottest year on record, temperatures exceed 1.5C above pre-industrial levels for first time
This year is now almost certain to become Earth’s warmest on record after a hot July and August saw global temperatures reach the Paris Agreement target of 1.5 degrees Celsius above pre-industrial levels. Read HERE
Economics
Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data. Read Here
Finance
Michael Roberts – The AI bubble and the US economy
The US economy would be in recession-territory if it were not for the enormous bet that has been placed that AI really will deliver productivity growth in short order, a bet that looks perilous. Michael […]
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