Economic fundamentals

Life, Deferred: Student Debt Postpones Key Milestones for Millions of Americans

The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.

Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations

Published by Anonymous (not verified) on Thu, 15/08/2019 - 4:53pm in

Yves here. It has been reported in venues like the Financial Times that importers who would face increased costs from tariffs on China were taking steps so as not to increase prices to customers, which includes making their suppliers give better prices and eating some costs too. With profit share at a record high level […]

It Was More Like a Couple of Asian Decades Than a Century

Published by Anonymous (not verified) on Wed, 14/08/2019 - 11:55pm in

China’s trend rates of growth are likely to be much lower than in the past, and even that is problematic. China will remain an important Asian player, not a dominant global force.

Phishing Equilibria in Silicon Valley: Google Maps and Fraud

Published by Anonymous (not verified) on Wed, 14/08/2019 - 5:55am in

Don't trust business listings in Google Maps. They're can be fraudulent, even dangerous.

How Richard Vague Discovered Gravity: An Interview + Book Review of A Brief History of Doom: Two Hundred Years of Financial Crises

Published by Anonymous (not verified) on Tue, 13/08/2019 - 7:04pm in

Richard Vague extends his work on the dangers of private debt via his new book, A Brief History of Doom, on the role of debt in financial crises.

No, Productivity Does Not Explain Income

Why a widely-held view about productivity that is foundational to the claim that people are paid what they deserve does not hold up to scrutiny.

Austerity Has Made People Less Prepared for a No Deal Brexit

The government says it's preparing for a Brexit crash out. But ten years of spending cuts have made the people of Britain intensely vulnerable to economic shock.

Deskilling Among Manufacturing Production Workers

Published by Anonymous (not verified) on Fri, 09/08/2019 - 8:36pm in

More evidence of how manufacturing workers have taken it on the chin.

New IPCC Report Warns of Vicious Cycle Between Soil Degradation and Climate Change

Published by Anonymous (not verified) on Fri, 09/08/2019 - 8:20pm in

This Real News Network interview with Diana Ruiz of Greenpeace covers yet another dangerous effect of global warming: soil degradation and its knock-on effects.