Posts Tagged ‘America

Michael Savage’s Trickle Down Tyranny is probably the nuttiest book I have ever reviewed for a mainstream publication. For a start he seriously compares Barack Obama to Lenin. You can read the review here (free registration may be required) or below. It is hard to suppress a frisson of excitement associated with doing something illicit [...]

In this article I revisit the contention that the western world has entered a “new normal” of sluggish economic growth. It is the final part of my latest Fund Strategy cover story. In many ways the notion of the low hanging fruit parallels the argument that the global economy has entered a “new normal” of [...]

This is the main text of my recent Fund Strategy cover story on the debate about the “great stagnation”. All the graphics can be found in the version in the magazine itself and I will post the remaining box here tomorrow. An influential alternative to the well-worn explanation of the economic malaise of recent years [...]

My Fund Strategy cover story on “the great stagnation” – the idea that a long-term technological slowdown has hit American economic growth – is available to read here. I will paste the full text over the next few days.

My recent spiked review of Pity the Billionaire is the lead item on Real Clear Books today. The site looks like a useful portal for coverage of non-fiction books.

This is my Perspective column for this week’s issue of Fund Strategy. A strong challenge has emerged to the widely held view that living standards for the average American stagnated for many years even before 2007. This is an important debate to examine because it suggests that most people did not become more prosperous even [...]

“The economic crisis that first hit the US in 2008 put one of America’s leading left-wing writers in an awkward spot. Only for Thomas Frank, it was not the risk of unemployment or lower wages. Instead, the financial crisis and subsequent recession threatened to undermine his pet theory: that conservatives had somehow duped ordinary Americans [...]

This blog post was first published on Fundweb today. [Also note correction at end] I get loads of dodgy emails ostensibly offering me the chance to enlarge various body parts and buy performance enhancing drugs but this one was genuine: an invitation to apply for an Occupy Wall Street (OWS) Visa card. This is not [...]

My Perspective column for this week’s issue of Fund Strategy looks at the debate about American decline. For a complementary view, which looks at the same subject from a different angle, it is worth reading the piece by Sean Collins on spiked. His focus is more on America itself whereas I look at the topic [...]

This blog post was first published on Fundweb today. Those who believe that America’s recovery will lead it to regain its role as driver of the global economy are deluding themselves. Even leaving aside the flimsiness of America’s recent growth spurt it is many years since it was the engine of the world economy. For [...]