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Tag Archives: economics
oftwominds-Charles Hugh Smith: Prosperity Amidst the Ruins
oftwominds-Charles Hugh Smith: Prosperity Amidst the Ruins. The fundamental problem facing the global economy is not slow economic growth but political inequality. It’s striking: as economies stagnate, the top tier is living even larger while the low-income masses sink further into marginalized poverty. I call this widening divide between the vested interests/wealthy and the rest of […]
Energy & The Economy – Crash Course Chapter 22 | Peak Prosperity
Energy & The Economy – Crash Course Chapter 22 | Peak Prosperity. Chapter 22 of the Crash Course is now publicly available and ready for watching below. In the past few chapters on Energy Economics, Peak Cheap Oil, and the false promise of Shale Oil, we’ve gone into great detail to show how our economic growth is deeply […]
Bank Of Japan Warns Abe Over “Fiscal Responsibility” While Monetizing All Its Debt | Zero Hedge
Bank Of Japan Warns Abe Over “Fiscal Responsibility” While Monetizing All Its Debt | Zero Hedge. If one were to look up the definition of hypocrisy, the image of BoJ head Kuroda should be front-and-center. Having tripled-down on his money-printing and ETF-buying largesse just last week, he came out swinging last night at the government’s fiscal […]
Nine of the biggest myths that people believe about the system
Nine of the biggest myths that people believe about the system. Years ago, an elderly, frail Japanese martial arts master once boasted a 200-0 record against his opponents. He claimed to have a unique power that allowed him to inflict serious injury on people without actually laying a finger on them. Was it Chi? Magic? […]
Use and Abuse of the “Natural Capital” Concept « Center for the Advancement of the Steady State Economy
Use and Abuse of the “Natural Capital” Concept « Center for the Advancement of the Steady State Economy. Some people object to the concept of “natural capital” because they say it reduces nature to the status of a commodity to be marketed at its exchange value. This indeed is a danger, well discussed by George Monbiot. […]
A brief history of contemporary “consumerism” and anti-consumerism
A brief history of contemporary “consumerism” and anti-consumerism. History books usually study social movements of the second half of the nineteenth century from the point of view of the split between anarchists and Marxists. Both theories played an important role in debates of the great workers’ movements of the following century, and for a long […]
We Have Just Witnessed The Last Gasp Of The Global Economy
We Have Just Witnessed The Last Gasp Of The Global Economy. It is difficult to find the motivation to write about the state of the global economy these days, if only because there is not much left to say. I feel like I am composing multiple obituaries for the same long dead corpse. Most of […]
Paul Singer Slams The Fake World: “Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers” | Zero Hedge
Paul Singer Slams The Fake World: “Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers” | Zero Hedge. Excerpted from Elliott Management’s Paul Singer letter to investors, FAKING IT Nobody knows when reality will overtake the rhetoric, lies, phony statistics, wishful thinking, fake prices and tiresome poseurs pretending to be world leaders. The […]
Most People Cannot Even Imagine That An Economic Collapse Is Coming
Most People Cannot Even Imagine That An Economic Collapse Is Coming. The idea that the United States is on the brink of a horrifying economic crash is absolutely inconceivable to most Americans. After all, the economy has been relatively stable for quite a few years and the stock market continues to surge to new heights. […]
Sufficient Liberal Stories–The Krugman Function Part 4 – Transition Milwaukee
Sufficient Liberal Stories–The Krugman Function Part 4 – Transition Milwaukee. On the face of it, Paul Krugman appears entirely confident in the future of the American way of life and the growth of a globally inclusive economy. He is similarly confident in our ability to address climate change by running that economy on renewable energy. This needs […]
According To Russell Napier Which World Has No Volume, No Volatility And Rising Prices? The USSR | Zero Hedge
According To Russell Napier Which World Has No Volume, No Volatility And Rising Prices? The USSR | Zero Hedge. Great Expectations, Pregnant Pandas and Last Wednesday’s Treasury Market “I must be taken as I have been made. The success is not mine, the failure is not mine, but the two together make me.” – […]
The Infinite Toddler Regress–The Krugman Function Part 3 – Transition Milwaukee
The Infinite Toddler Regress–The Krugman Function Part 3 – Transition Milwaukee. In this installment I’m going to talk about Paul Krugman’s resistance to whole-system thinking, and I’m going to do it by way of a comparison to a very different intellectual dispensation: namely the one demonstrated by my three year old twin sons. Lest this […]
Can’t Find Any Inflation? Here’s A Place To Start | Zero Hedge
Can’t Find Any Inflation? Here’s A Place To Start | Zero Hedge. Lately, there has been much anguished consternation, especially among the tenured US economics professors (primarily those who make 6-digits or more per year) and of course, the Federal Reserve where as we revealed last week, at least 113 government workers make $250,000 (excluding bonuses) and […]
Energy Economics – Crash Course Chapter 19 | Peak Prosperity
Energy Economics – Crash Course Chapter 19 | Peak Prosperity. The central point to this latest video is this: as we’ve shown in previous chapters of the Crash Course, our global economy depends on continual growth to function. And not just any kind of growth; but exponential growth. But in order to grow, it must receive an […]
