Macroeconomic policy
Mzukisi Qobo: The Old Mantra About Growth Has Reached Exhaustion
A perspective from the Global South on the end game for growth.
‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End?
Class warfare, American style, is ever more obvious. But how much are ordinary people taking note?
Why Does Congress Fight Over Childcare But Not F-35s?
Details on why Congress is addicted handing out military pork as opposed to spending money on citizens' needs.
Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever
Repeat after me: trade deficits = exporting jobs. The latest results confirm how crappy US policies are.
Progressives Defy House Leadership on Vote on Biden $1.5 Trillion “Highway” Bill, Hold Line on Deal for $3.5 Trillion Package w/ Social Services and Climate Change Spending
The effort to get the House to rubber-stamp a $1.5 trillion Senate-dictated infrastructure bill has gone pear-shaped.
Michael Hudson on Renegade Inc.: China’s Fortune Cookie Crumbles
Michael Hudson discusses China's campaign to limit the influence of Western investors.
The Lasting Impact of the Covid Crisis on Economic Potential
A look at how Covid has damaged the economy and estimating the effect.
Why the Rich Get Richer and Interest Rates Go Down
A wrongheaded paper from the Jackson Hole conference that depends on the loanble funds fallacy lets central bankers off the hook.
A Half Century Since The Beginning Of The End Of The Post WW II Economic Order
Marking the 50th anniversary of the end of the Bretton Woods economic system.
Central Banks Must Address Pandemic Challenges
Central banks in developing countries must use monetary policy to enhance fiscal space and support relief, recovery and transformation.