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Economics

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The election of Donald Trump has thrown contemporary economic commentary into overdrive. It has also exposed the limitations of contemporary economic knowledge and comment.
by Ben Rees - 4/12/2024 - 6 comments
Under the system we have today in which government spending picks winners and losers in the business world and hires massive amounts of people, we have amassed an unsupportable debt of more than $100,000 per person.
The easiest way to understand what central banks are doing is to look at employment growth.
by Michael Knox - 29/11/2024
Despite promises to turbocharge the economy, Trump saw job losses in every year of his presidency – 2017, 2018 and 2019 – even when the disastrous COVID data of 2020 is excluded.
by Remy Davison - 14/11/2024 - 10 comments
With trade deficits between many Asian countries and the United States, there are possibilities many countries may be targeted if Trump's objectives are to reduce bilateral deficits.
by Murray Hunter - 12/11/2024 - 4 comments
The derivatives manufactured from raw crude oil are the basis of more than 6,000 products in our society that did not exist 200 years ago.
by Ronald Stein - 6/11/2024 - 1 comment
What I want to look at is the structure of demand and where I think the structure of demand will be coming from.
by Michael Knox - 1/11/2024 - 2 comments
The poorest American is richer than 75 percent of humanity, and about 4.56 billion people on this planet are living on less than $10 a day.
Democracy seems futile, up against Huge Australia. Not even 'extraordinary developments' are likely to budge this Albo-tross. What other tactics are available?
by Stephen Saunders - 28/10/2024 - 6 comments
The neo-liberal consensus built in the postwar period contained the seeds of its own destruction. It was too dependent on the creation of institutions beyond people’s control and too reliant on elite mastery of events.
by Jeffrey Tucker - 21/10/2024 - 4 comments
Free markets? Free trade? The modern economic world has little time for these erroneous, misdirected terms.
by Binoy Kampmark - 21/10/2024 - 3 comments
Affordable, reliable, continuous, and emissions free electricity would benefit billions on this planet.

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