Category: Economics
A few notable cases of how the market has failed us
They fear economic collapse and their loss of incomes more than the virus and its destruction of American lives
It is important to understand how the now three great economic crises of the last century are in many ways similar
A deeper fear lurks in business circles. Has globalization plateaued? Might the further spread of the virus “put globalization into reverse?”
Antonio Martins: Capitalism in ChaosThe “Davos Class” will respond with more inequality and less democracy. But a path has opened for the opposite way out – provided the Left is willing to reinvent itself
Will the financial asset markets deflation soon spill over to the credit system (especially corporate bonds) and accelerate the decline of real economies worldwide in turn?
For the last half-century, US and UK capitalisms led the way in undoing the parallel legacies of the New Deal and Europe’s social democracies
While wages are outpacing inflation by roughly a percentage point, it seems the pace of wage growth is slowing
An Explanation that Even Economists Can Understand
“Never before have we had so much money, yet so little investment in what humanity needs”