Archive for the ‘Trade/Foreign Policy’ Category

Slides from this AM’s talk to social work educators

October 24th, 2014

I told the (totally awesome) audience at the Tampa, FL meeting of the Council on Social Work Education that I’d post my presentation ASAP. Here it is. A few clarifications. YOYO=you’re on your own WITT=we’re in this together In case the video doesn’t work, go here and start at 1:40. And h/t to Chuck Sheketoff for… Read more

Global growth, the $, (under-priced) oil and their impact on US growth rates.

October 22nd, 2014

Those stalwart number crunching research economists at Goldman Sachs (i.e., not the traders) have a really interesting graph out this AM that packs in a ton of info on current growth pluses and negatives. The figure uses the Federal Reserve’s macro model (which is actually publically available now…and, yes, I will fire it up myself… Read more

PK v. JB re $

October 8th, 2014

Paul K’s agrees with me on the core aspects of my post yesterday regarding our persistent trade deficits as a barrier to full employment, but disagrees the dollars status as a reserve currency has much to do with it. Certainly the key part of all this is recognizing the damage done by trade deficits to… Read more

Full employment, trade deficits, and the dollar as reserve currency. What are the connections?

October 7th, 2014

I’ve been looking for an excuse to scratch out a few lines about the connections between full employment, the trade deficit, and dollar policy—connections that understandably don’t jump out at everyone—and I’ve found a particularly good one. Ever since this oped re “Dethroning King Dollar” ran, I’ve gotten lots of love and hate mail regarding… Read more