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www.soberlook.com | ||
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www.ofce.sciences-po.fr
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| | | | | [AI summary] The 2024-2025 World Economic Outlook highlights Europe's economic challenges, contrasting with the United States' resilience, and predicts global growth of 2.8% in 2025. | |
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www.moneyandbanking.com
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| | | | | "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v... | |
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soberlook.com
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| | | | | The Citi Economic Surprise index was fairly accurate in pointing to a US slowdown in the first half of 2012. One therefore should not dism... | |
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michael-hudson.com
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| | | [AI summary] The conversation explores Marxist economic theory, focusing on the complexities of capitalism beyond labor and capital, including the role of land, finance, and rentier classes. It discusses the historical context of the Physiocrats, the evolution of economic thought, and the critique of Stalinism for neglecting Marx's later works. The dialogue touches on the current state of the U.S. labor class, the impact of policies like those of Bill Clinton and Biden on workers, and the broader implications for industrial labor in the global economy. The conversation highlights the need for a deeper understanding of Marx's theories to address contemporary economic challenges and the importance of intellectual engagement with Marxist economics to prevent th... | ||
