Reminiscence of the Future...

It seems that the issue with understanding the economy persists. So, what I did, I fast compiled available data, with the exception of agric...

Chris Hedges of RT, formerly of NYT, a Pulitzer Prize winner, what have you, wrote a piece two days ago. It is about the decline of the ...

Sitting home (on standby lay-off)  in the evening, sipping my...latte and reading Michael Hudson. The only thing which could probably be be...

It seems incurable in the US. I was reading Kunstler's predictions (I don't make "predictions"--it is a silly business) t...

It seems this GDP question does not want to die.  First, out of the blue Michael Kofman and Richard Connolly of Center for Naval Analysis (...

A superb demonstrator, and a "predictor" of the size of REAL economy globally through real tangible indicator--electricity genera...

Hudson, who, by my primitive criteria, is one of the best (true) economics and economic history brains of our time doesn't mince the wo...

Since the issue of actual size of economies was raised in previous post, I might as well remind everybody that production and consumption o...

I spent years trying to convey a simple thought of Western "economics" being nothing more than a creative bookkeeping having noth...

Incomparable Corelli Barnett wrote in his "The Collapse Of British Power" : " As Adam Smith , the founder of liberal economi...