Thursday, 24 April , 2025

US economy

War by other means — Trump’s tariffs and the empire’s final...

Thomas Fazi Apr 15, 2025 Trump’s tariff policy represents a desperate bid to preserve US economic, military and geopolitical dominance at any cost — using economic...

US Treasury chief calls tariff war with China unsustainable and expects...

Robert Delaney, Khushboo Razdan, Igor Patrick Apr 22, 2025 Negotiations with Beijing have yet to start, Scott Bessent adds, voicing belief in a possible deal as...

James Galbraith on tariffs, Europe and China

Interview to Dimitris Konstantakopoulos What are the aims of Trump’s “tariff storm” and his other policies? What results will they yield? What will happen to...

Return of the Robber Barons

Donald Trump’s Distorted View of America’s Tariff History By Michael Hudson April 14, 2025 Summary Donald Trump’s tariff policy has thrown markets into turmoil among his allies and...

Trump’s Economics—and America’s Economy

You can’t make America great again by wrecking the government. By James K. Galbraith Mar 19, 2025 What to make of the blur of news, revolutionary rhetoric,...

Small disturbances can have big effects, US Fed warns

By Nick Beams 25 November 2024 The semi-annual Financial Stability Report issued by the US Federal Reserve last week has again illustrated how relatively small incidents...

A Fabulous Failure: The Clinton Presidency and the Transformation of American...

Author(s): Lichtenstein, Nelson Stein, Judith Reviewer(s): Galbraith, James K. Nelson Lichtenstein and Judith Stein. A Fabulous Failure: The Clinton Presidency and the Transformation of American Capitalism. Princeton: Princeton University...

Why the Banking System is Breaking Up

by Michael Hudson March 13, 2023 The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy...

Corporate profit, electricity deregulation and the disaster in Texas

By Patrick Martin Feb. 28/2021 In a social disaster now entering its fourth day, as many as 4.5 million people have been hit by rolling blackouts...

America Abandoned Its Economic Prophet. The World Embraced Him | By...

John Kenneth Galbraith was an intellectual celebrity 50 years ago—and it would be a mistake to ignore him today January 15, 2021 U.S. President-elect Joe...