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...