Economic fundamentals
Construction Costs Spike 17.5%, Worst Since at Least 1965. Inventories of New Houses Pile Up, Highest Since 2008. Median Price Dives as Mix Shifts
A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
How Inequality Leads to Industrial Feudalism
How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.
UN Report: The World’s Farms Stretched to ‘A Breaking Point’
UN: Climate-stressed, pollution-degraded farms system must adopt sustainable practices to feed an additional 2 billion by 2050.
Rorschach Test: Revealing Western Press Reactions to Xi Jinping Speech at Davos
Xi Jinping gave an important speech at Davos, even if it was mainly updates on favorite themes. But the press reactions.....
Fable of the Squirrels: New Research on Wealth Inequality Among Animals Sparks Debate on Human Economies
Studies of beasts that pass on wealth, um, resources and advantages to offspring may inform whether humans create stratified conditions.
Michael Hudson: What is Causing So Much Inflation?
Economist Michael Hudson explains the inflation crisis and Fed's secretive $4.5 trillion bank bailout.
Michael Hudson: On Debt Parasites
Michael Hudson's favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we've rejected it
The Fed Sets Out to Kill the Economy to Save It
The Fed is trying to solve an economic problem that is largely outside its reach.
Most People Want an Active Government, Working on Their Side. It Is Time Those Seeking Power Took Note.
The UK government, like its US counterpart, is not held in much respect. Does this create an opportunity?
‘Degrowth’ Isn’t Just About the Economy. It’s About Culture.
What would it take for the idea of degrowth as a response to climate change to get traction?