#266: The future we didn’t order
COPING WITH THE SHOCK OF THE REAL As 2023 draws to a close, I’d like to take this opportunity to thank everyone for their informed, constructive and courteous contributions to our debates over the...
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#267: How to be happy, wealthy, and bankrupt
FINANCIALIZATION, ANOMALY AND RISK IN AN INFLECTING ECONOMY It’s been said that, when events turn fast, furious and frightening, and civilians are panicking, the professionals get ever cooler and more...
View Article#268: At the end of the last delusion
TOWARDS A ‘NEW ECONOMICS’ One discovery really can change everything. What we are now discovering is that the economy – the system which supplies material products and services to society – has...
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#269: How will “exorbitant privilege” end?
THE WHY AND HOW OF DE-DOLLARIZATION As America’s public debt spirals ever further out of control – and with the expanding BRICS+ group working on a common trading currency and a rival settlement...
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#270: Normalising money and value
EXPLORING THE TRANSACTIONAL CURVE Why has the global economy become credit-addicted, and why has a post-capitalist kleptocracy replaced the market economy? Why is the much-vaunted transition to EVs...
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#271: “Peak almost everything”, part one
WORSENING STRESSES IN AN INFLECTING ECONOMY As almost everyone must have noticed by now, economic and broader affairs are in a strange state of uneasy limbo. The economy certainly hasn’t ‘collapsed’,...
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#272: “Peak almost everything”, part two
WINNERS AND LOSERS It’s been said that “horse-sense” is the innate wisdom that prevents horses from putting bets on human beings. I’m not a betting man myself, but we can all see the benefits that...
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#273: Systemic jeopardy
THE COMING FINANCIAL CRASH One question, above all others, has dominated our recent discussions here. This is the issue of whether the financial system will fracture as the underlying “real” or...
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#274: The elusive pursuit of trust
GOVERNMENT AND ECONOMIC INFLEXION There’s nothing new about conspiracy theories – we’ve long been invited to believe that the security services assassinated JFK, or that the Moon landing was faked, or...
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#275: Why are we surprised by the inevitable?
ALIGNING EXPECTATION WITH POSSIBILITY Why is the world at large so often “surprised” when the materially impossible doesn’t happen? In economics, the consensus line – a narrative shared by government,...
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