Macroeconomics

[ad_1] At present (June 13, 2024), the Australian Bureau of Statistics launched the most recent – Labour Pressure, Australia – for Might 2024, which supplies some elevated readability given the previous few months have generated knowledge that has been blended in sign. The info for Might 2024 exhibits employment persevering with to extend, unemployment falling,…

[ad_1]   @TBPInvictus right here A number of days in the past, Barry and I detailed how unscrupulous unhealthy actors had taken Not Seasonally Adjusted knowledge to falsely declare that California’s new $20/hour minimal wage had price the state nearly 10,000 quick-serve restaurant (QSR) jobs. I wrote: It seems to me that the Journal acquired…

[ad_1] As an alternative of arising with fiscal tips that transfer prices round we’d like insurance policies that may make an actual distinction Up to now 5 years, the UK has been via a worldwide pandemic and a cost-of-living disaster with a threadbare state as a result of austerity that preceded it. This has amplified…

[ad_1] Der Gefesselte Marx Karl Marx’s preface to A Contribution to the Critique of Political Financial system incorporates the best-known description of his principle of historical past. Sooner or later contradiction between the relations of manufacturing and the forces of manufacturing develop into fetters on the latter, ushering in a interval of social revolution. The…

[ad_1] Throughout this election interval there was loads of evaluation that appears at how the economic system has carried out since 2010 (the IFS right here for instance). All present the UK performing very badly certainly. However how a lot is that all the way down to macroeconomic coverage errors, and the way a lot…

[ad_1] (I write a monthlyish opinion piece for Barron’s. This one was printed there in June. My earlier items are right here.) As soon as upon a time, the promise of globalization appeared clear. In an economically built-in world, poor international locations may observe the identical path of improvement that the wealthy international locations had prior to now,…

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[ad_1] Complete excellent US debt stood at $5.05 trillion for the primary quarter of 2024, growing at an annualized fee of 1.86% (SA), in keeping with the Federal Reserve’s G.19 Client Credit score Report. From the primary quarter of 2023 to the primary quarter of 2024, the full elevated by 2.09%. That is decrease than…

[ad_1] At this time is a public vacation within the elements of Australia that I stay and I’ve commitments together with numerous journey developing. So I’ll be again on Wednesday. Advance orders for my new ebook at the moment are accessible The manuscript for my new ebook, co-authored by Warren Mosler, is now with the…

[ad_1] Avert your eyes! My Sunday morning take a look at incompetency, corruption and coverage failures: • Excessive-Yield Was Oxy. Personal Credit score Is Fentanyl. But regardless of the information — and the instinct about higher-yielding loans described above — personal lenders guarantee buyers that the additional yield isn’t a results of elevated danger and that over…