Category Archives: US economy

This category considers blogs that specifically analyse the US economy.

US Federal Reserve should not increase interest rates

Greetings from London in the early morning! If we went back a few years and dug out all the predictions and scare campaigns that were being issued by mainstream economists and their conservative ‘think tank’ conduits about the impending disaster … Read the rest of this entry »

Posted in Central banking, Economics, US economy | 17 Comments

US labour market weakening

The Federal Reserve Bank of America has been publishing a new indicator – the Labor Market Conditions Index (LMCI) – which is derived from a statistical analysis of 19 individual labour market measures since October 2014. It is now being … Read the rest of this entry »

Posted in US economy | 2 Comments

Long-term unemployment behaviour reflects austerity bias in Eurozone

The Economist magazine, never one to resist the urge to promote flawed ‘free market’ analysis, does not seem to have learned any lessons from its erroneous coverage of the GFC. It the latest version of what has to be one … Read the rest of this entry »

Posted in Eurozone, US economy | 10 Comments

Europe’s US imported nightmare

I note the US have been rather quietly urging the EU to resolve the so-called ‘Greek crisis’, which I really think is a euro-crisis, even though its current epicentre is in Greece. What the Americans are doing beyond the purview … Read the rest of this entry »

Posted in Economics, Eurozone, US economy | 16 Comments

Parents are advance secret agents for the class society

Dutch economist Jan Pen wrote in his 1971 book – Income Distribution – that “Parents are advanced secret agents of the class society”, which told us emphatically that it was crucial that public policy target disadvantaged children in low-income neighbourhoods … Read the rest of this entry »

Posted in Economics, US economy | 23 Comments

Time to end the human rights atrocity in Gaza

There were three new data and analysis releases in the past week in advanced Western nations (the US, the UK and Australia) that indicate that the policy settings that are in place are not delivering prosperity and should be changed … Read the rest of this entry »

Posted in Economics, Politics, UK Economy, US economy | 22 Comments

Demand and supply interdependence – stimulus wins, austerity fails

My Phd research, was in part, exposing the myths in conventional or mainstream economics arguments that claim that structural imbalances in the labour market arise independently of the economic cycle and hence, aggregate spending. The mainstream used this assertion to … Read the rest of this entry »

Posted in Economics, Eurozone, US economy | 19 Comments

US economy slows down sharply, government undermining growth

On Tuesday, the British National Accounts data was published and the preliminary estimates revealed that the British economy was slowing and there would return to recession if the Government was re-elected and put in place its plans for the next … Read the rest of this entry »

Posted in US economy | 4 Comments

US labour market – weaker than headline data indicates

The latest US – Employment Situation Summary – for March 2015, was released by the US Bureau of Labor Statistics (BLS) last Friday (April 3, 2015). The growth in employment was disappointing to say the least. The Bloomberg survey of … Read the rest of this entry »

Posted in US economy | 4 Comments

Wage rises are required – real wages must grow in line with productivity

There was an interesting article in the UK Guardian last weekend (March 29, 2015) – Why falling inflation is a false pretext for keeping wages low – which examined wage trends in the UK and the validity of the argument … Read the rest of this entry »

Posted in Economics, Eurozone, Labour costs, UK Economy, US economy | 11 Comments