Financial markets in past fiscal crises; the “gold standard” of employment reports shows big deceleration in Q4 of last year – by New Deal democrat I have a post up at…
– by New Deal democrat There’s no important economic data today, so this is a good time to write about several important developments in the stock and bond markets. First…
…as China’s response. Let’s start with the setup. Trump ran on tariffs, and in February, he broadcast his strategy, fostering a slow decline in financial markets. It started with a 20% tariff…
…bad thing. Commodity prices as measured by the PPI are up 2.3% since the election (blue), but since commodity markets are global, how much, eg., lumber can be bought is…
Rebecca takes note of credit growth in many of the Euro countries and notes indications of continued deteriorating macro economies in Newsneconomics: Today the ECB released details on monetary aggregates…
Farmer and Agricultural Economic Michal Smith I hear this from time to time both at the market and also from the general public even in the agricultural community. It elicits…
Bruce Wilder had an excellent comment recently in the Crooked Timber thread on markets, economic rents, and the constraints on economic actors, excerpted by Dan here, and more with comments…
An article about famine in the Horn of Africa by Maude Barlow appeared today. It is worth your consideration. (h/t coberly) My own response is in comments. Following are excerpts:…
…percent of GDP. Does it matter whether the United States can still sell bonds on international markets? As I understand the MMT position, it is that the only thing we…
…the Chicago School and Milton Friedman acolytes who talk of “free markets” as though markets exist in vaccum tubes unaffected by the social, cultural and legal context around them. Debunking…