Inflation remains at annual rate of 2.4%, confounding Central Bank’s fears of a sharp rise Russia FeedECONOMY UPDATE: Despite surging oil prices and falling rouble Russia’s inflation rate continues steady Alexander Mercouris
Read More »Michael Roberts — China workshop: challenging the misconceptions
Indeed, the real issue ahead is the battle for trade and investment globally between China and the US. The US is out to curb and control China’s ability to expand domestically and globally as an economic power. At the workshop, Jude Woodward, author of The US vs China: Asia’s new cold war?, outlined the desperate measures that the US is taking to try to isolate China, block its economic progress and surround it militarily. But this policy is failing. Trump may have launched his tariff...
Read More »Lars P. Syll — Economics for the 21st century
Kate Raworth's seven ways. Lars P. Syll’s BlogEconomics for the 21st century Lars P. Syll | Professor, Malmo University
Read More »Trump Commutes Sentence After Kardashian Visit
Real world Reality TV!! Breaking: https://t.co/XmH5PudQ23 — Breitbart News (@BreitbartNews) June 6, 2018 Double triggers!!!
Read More »It’s easy to get rich in America
But you have to know the game and how to play it.
Read More »Branko Milanovic — Kate Raworth’s economics of miracles
Review of Kate Raworth’s Doughnut economics: Seven ways to think like the 21st-century economist. Good read. Is Kate Raworth being utopian? I would say that Kate Raworth's work is similar to Mariana Mazzucato's in that they both propose out of the box solutions to addressing contemporary challenges. They are significant in that they are starting points for reflection, inquiry, conversation and debate. Raworth challenges the growth model of conventional economics and Mazzucato...
Read More »Oil sold off like I said. Now whaddya do?
Here’s what’s going to happen next in oil.
Read More »Brian Romanchuk — Understanding Why Governments Cannot Use Stock Prices As A Policy Tool
Professor Roger E. Farmer proposed in his book Prosperity for All (link to my review) that governments should set up a body to control equity prices as a means to smooth the economic cycle. In this article, I explain why a government could not hope to control the level of stock prices in a meaningful sense.... Bond Economics Understanding Why Governments Cannot Use Stock Prices As A Policy ToolBrian Romanchuk
Read More »Links — 5 June 2018
Michael Roberts BlogInequality, poverty and populismMichael Roberts Boston Review The Market Police JW Mason | Assistant Professor of Economics, John Jay College, City University of New York The Political Economy of DevelopmentMichael Hudson on Adam SmithNick Johnson
Read More »David Malone – The Steady Enmity of Powerful People
“Crime doesn’t pay.” Actually it does, handsomely. If you are a banker or large financial player, it pays wonderfully. You get filthy rich committing the crimes and after…you continue to get filthy rich. What doesn’t pay is reporting crime. Not long ago I read a rather good book about a small number of honest people who did not understand this dirty fact. It was a book telling the stories of the handful of honest and tragically idealistic insiders who blew the whistle about banking fraud...
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