More in Global Economy


4 months

Will the Fed Keep Interest Rates Low for the US Treasury?

Looking at the long-term budget projections from the Congressional Budget Office, which are based on current legislation, a key problem is that interest payments on past borrowing start climbing higher and higher--and as those have over-borrowed on their credit cards know all too well, once you are on that interest rate treadmill it's hard to get off.

4 months

Eurozone Crisis: Much Deeper Than Covid-19 Vaccine Rollout

If we looked at the investment banking outlook reports for 2021, one of the main consensus themes was a strong conviction on a rapid and robust eurozone recovery. They were wrong.

4 months

China-US Trade: Some Patterns Since 1990

In US-based conversations about China-US trade, it sometimes seems to me that the working assumption is that China's economy is heavily dependent on trade with the United States--which in turn would give the US government strong leverage in trade disputes. How true is that assumption?

4 months

Yield Curve Control: Bubbles And Stagnation

Central banks do not manage risk, they disguise it.

4 months

Measuring Teaching Quality in Higher Education

For every college professor, teaching is an important part of their job.

4 months

Freedom Or Equality with Jeff Deist

In this podcast, I discuss with Jeff Deist the post-Covid economy from the framework of my newest book, Freedom or Equality.

4 months

The Bubble Of Everything: How A Debt-Driven Economy Creates More Frequent Crises

The pace of global recoveries since 1975 has been slower and weaker, consistently every time, according to the OECD.