Political Economy

The following is an hour-long speech Nouriel Roubini recently gave based on his new book Crisis Economics–A Crash Course in the Future of Finance (Penguin Press, 2010). This is probably the most complete framing of the credit crisis by…

Win Thin of Brown Brothers Harriman is out with a note, remarking on the Eurozone contagion now moving to the core.  Questions about France and a potential ratings downgrade are now circulating. Thin says: France is coming under…

With governments printing money, inflation, now propping up asset prices, will eventually come to consumer prices. First the deflation, then the inflation, I say. Ray Dalio agrees. But, he also has some choice things to say about the…

Links on the pensions bailout now wending its way through the US Congress and other links from finance, the economy and technology.

Fiscal austerity is coming to America in due course. The result will be an economic slowdown. It is then we will learn if the bailouts have actually worked.

The Spanish government passed its proposed austerity budget by just one vote earlier today. Failure to get the vote would have toppled the government and led to serious panic. We should definitely turn our attention to Spain now. It's not…

Marshall Auerback presents us with a perspective on how deficit hawks want to cut social programs but leave defense spending untouched while completely overlooking the fiscal cost of bailouts (originally published at New Deal 2.0). Harold…

Japan's DPJ government has been forced to back down on its campaign pledge regarding the moving of the US Marine Corp base in Okinawa.  Prime Minister Hatayama's retreat may come at a high political cost.  It appears to have…

Synthetic life is a controversial subject. But a breakthrough has just recently been made which is sure to stoke more controversy on the subject. Below is a video of Craig Venter talking about the Synthetic Life project and breakthrough.…

In an interview with Dow Jones Newswires, John Lipsky, First Deputy Managing Director of the International Monetary Fund, answers questions about taking action on the euro and intervention in Greece. Also see IMF Official: Euro’s Slide Not…