The Costs of the U.S. Blockade of Cuba
Trump’s policy of “maximum pressure” ushers in a “New Special Period.”
D&S BLOG
These posts are from the D&S Blog, which we mostly stopped posting to a few years ago. Visit our new blog Left Hook Economics (https://www.dollarsandsense.org/tag/left-hook-economics/).
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Black Male Jobless Rate: 11.9% in Nov.
The official seasonally adjusted unemployment rate for Black male workers over 20 years of age increased from 11.6% to
What Now?
Hongkong and Singapore Bankcorp (HSBC) post-employment report policy outlook from Across the Curve Not for the faint of heart.
Nov Job Losses 1/3 More Than Forecasted
This is an awful, awful number, comparable to the 602,000 lost in December, 1974 (and September's figure
Crowding Out Bites Back
Many economists, like James Galbraith here, have rightly dismissed arguments to the effect that deficit spending, especially in today'
Harvard's Endowment Taking Big Hit
Our contacts at Harvard's Faculty of Arts and Sciences (the division that includes Harvard College and the graduate
Financial Crisis Hits Immigration Debate
From MRZine: The Financial Crisis Hits the Immigration Debate by David L. Wilson Part of the right wing routinely blames
Recalling Big Banks' Role in Telecom Bust
From Bob Feldman: As long-time readers of Dollars & Sense probably realize, some of the same Wall Street big
Michael Perleman's Thanksgiving Rant
Cute piece, especially for a rant. From his Unsettling Economics site Matter and Antimatter: How to Create a Crisis: A
Interesting Piece on Mobility
From the December issue of Britain's Prospect magazine. A pretty good, easy-to-read treatment of some of
More on the Fed's Balance Sheet
From Credit Writedowns via Yves Smith at Naked Capitalism: If the Fed were a commercial bank, it might be declared
He's Making a List, and Checking It Twice
Not Santa (yet), but New Labour's loathsome Peter (now Lord) Mandelson. The idea of Lord M. being turned
Weaponizing Credit Default Swaps
Another lovely investment strategy for tough times. From Friday's Financial Times: Speculators are being armed by banks to