real economics
Sunday, November 30, 2014

The Great War and its discontents

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Every once in a while I get pulled into a friendly debate about who was the worst president in USA history.  This seemed to happen quite oft...
2 comments:
Saturday, November 29, 2014

Will Germany phase out coal consumption?

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Coal deposits from the Ruhr powered the German Industrial Revolution.  The European Coal and Steel Community would eventually grow up to be...
Friday, November 28, 2014

Germany starts to feel the sanctions' bite

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Well, this was like predicting the dawn.  The German Leisure classes have been surprisingly enthusiastic about inflicting sanctions on Russi...
Thursday, November 27, 2014

William Black on economic illiteracy at NYT

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To call neoliberals economic illiterates may seem a bit harsh.  But what else can you call people who subscribe to a set of ideas that have ...
Wednesday, November 26, 2014

Do people really want Cold War 2.0?

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With all the talk about a new Cold War, I recently found myself looking at something I wrote in 1993 expressing my profound disappointment t...
Tuesday, November 25, 2014

Watching neoliberalism crash and burn

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Any American who does some international travel with anything like an open mind will soon discover that most people in the rest of the world...
Monday, November 24, 2014

Why George W. Bush and Barack Obama had almost identical presidencies

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Or, Why ignorance is rational (see last paragraph) I spent much of the summer of 1966 in Washington in the home of a young couple who were...
Sunday, November 23, 2014

The preservation of archaic traits—monetary thinking

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One of the great frustrations caused by the contemporary practices of economics is that while the world has actually converted to a fiat / e...
Saturday, November 22, 2014

BND and the North Dakota fracking boom

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Oil booms tend to be messy and chaotic.  They tend to attract too many get-rich-quick artists who soon overwhelm the local infrastructure.  ...
Friday, November 21, 2014

Escobar on G7's neoliberalism

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As one of the world's preeminent journalists, Pepe Escobar has for a long time covered the crazed, destructive actions of the large neol...
Thursday, November 20, 2014

Putin interview for German television

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Though it may feel like not much is happening in the news these days, I get the sense that behind the relentless business-as-usual reassuran...
1 comment:
Wednesday, November 19, 2014

The lessons from a little screw

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The first time I encountered cement tile-backer-board was about 1980.  A friend's brother was attempting to remodel a house and gotten h...
5 comments:
Sunday, November 16, 2014

Can a New Silk Road road live up to its hype?

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One of the few bits of worthwhile news to emerge from the APEC Summit in Beijing was about the serious commitment that China was making towa...
Saturday, November 15, 2014

Michael Hudson on the APEC Summit

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Institutionalists tend to believe that while personalities come and go, institutions abide.  In this case, we are seeing that what was calle...
Friday, November 14, 2014

Has Europe gotten wise to neoliberalism?

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In the following, there is a claim that Europeans are pushing back against neoliberalism.  As well they should for it is a VERY dangerous be...
Thursday, November 13, 2014

Greider on Krugman and free trade

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The "free traders" have an ambitious agenda ahead of them in the next term of congress.  A couple of agreements, the Trans-Pacific...
Wednesday, November 12, 2014

More on renewable energy in the developing world

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Now that PV cells have become affordable, the main obstacles to their widespread adoption are essentially cultural and sociological.  This m...
Tuesday, November 11, 2014

Losing an empire—Yankeedämmerung

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There are a lot of problems with the idea that USA is an empire.  On one hand, it is difficult to describe any country with hundreds of over...
Monday, November 10, 2014

China's Marshall Plan?

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It has been easy to be skeptical about China's path to economic development.  So much has looked just like the sort of thing a small-tow...
Sunday, November 9, 2014

Die Linke triumphs on the 25th anniversary of the Fall of the Berlin Wall

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Do you remember where you were when the Berlin Wall came down?  I certainly do.  I was spending the evening with a Finnish journalist who ha...
Saturday, November 8, 2014

Bad days for German media

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Regular readers know that am a big fan of the German media—mostly because of their excellent coverage of environmental issues.  Of course, t...
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