Europe’s Refugee “Crisis”

October 9th, 2015
in Op Ed

by Jayati Ghosh,

If you read or watched or listened only to the mainstream media in the North, you could be forgiven for believing that the current influx of refugees into countries of Europe is not just an important concern, but actually even the single biggest crisis in that continent.

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The Status Quo Has No Plan B

October 8th, 2015
in Op Ed

Why Has Labor's Share of GDP Declined for 40 Years?

by Charles Hugh Smith, Of Two Minds

This long-term erosion of earned income and household finances does not enable "growth" that is based on rising spending and borrowing.

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Dispelling Three Myths on Economics in Germany

October 8th, 2015
in Op Ed

by Michael Burda ,

Appeared originally at 23 September 2015

Many analysts believe that German economists hold a very different view of macroeconomics. This column presents a personal view why this belief is wrong. The fact that Europe still consists of sovereign nations and that most Europeans still want to keep it that way informs much of what happens inside German economists' heads.

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Bernanke on Lehman Brothers in His Memoirs

October 7th, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

The NYT has an article on Ben Bernanke, former chairman of the Fed, and his view on the collapse of Lehman Brothers.

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Forget Austerity and Grexit - it's Time for a Gretaway!

October 6th, 2015
in Op Ed

Peak Oil Ass-Backwards (part 3)

by Allan Stromfeldt Christensen, From Filmers to Farmers

So here we are on this precipice of sorts, staring upon the twilight of the industrial economy due to peaking energy supplies and thus peaking credit supplies (as explained in part 2 of this 3-part series).

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