The Unz Review: An Alternative Media Selection
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
Show by  
Email This Page to Someone

 Remember My Information



=>
Topics Filter?
2016 Election American Media American Military Banking Industry Banking System Brazil Business Capitalism China China/America Debt Dollar Donald Trump Economic Theory EU Euro Eurozone Federal Reserve Financial Bailout Financial Crisis Financial Sector Free Trade Global Warming Gold Greece Housing Iceland IMF Immigration Inequality Japan Latin America Latvia Minimum Wage Neoliberalism New Silk Road Oil Poverty Privatization Radio Interviews Reprint Russia The Insiders Economic Dictionary Trade TV Ukraine Unemployment Wall Street Washington Consensus 2004 Election 2008 Election 2010 Election 2012 Election 9/11 Academia Affirmative Action Afghanistan Africa Afrikaner Agriculture AI AIPAC Airlines Airports Al Jazeera Alan Greenspan Alan Nasser ALCA Alibaba Alzheimers Amazon.com American Debt American Default American Empire American Pravda American Prisons Ancient Greece Ancient Near East Ancient Rome Animal Rights Anti-Semitism Antifa Antiracism Antitrust Apartheid Appalachia Apple Argentina Argentina Default Article Artificial Intelligence Asian Financial Crisis Asian Quotas Asians Austerity Australia Auto Industry Auto Loans Automation Automobile Sales Aviation Baltics Baltimore Riots Banking Banks Barack Obama Bear Stearns Ben Bernanke Benjamin Netanyahu Bernie Sanders Bilingual Education Billionaires Birmingham Bitcoin Bitcoins Black Crime Blacks Boeing Bolivia Books Brexit BRICs Britain Bubble & Beyond Bush Business School California Canada Cancer Catholic Church Catholicism Cell Phones Censorship Charles Murray Charlie Hebdo Chicago School Chile China Stock Market Meltdown Chinese Christine Lagarde CIA Cindy Sheehan Class Warfare Classical Antiquity Classical Economics Coal Cockburn Family Colonialism Conflict Of Interest Conservative Movement Constitutional Theory Consumer Debt Corruption Cost Accounting Counterpunch Cover Story Crime Cuba Currency Speculation Cyprus Dallas Shooting David Bazelon David Petraeus David Stockman Death Penalty Debt Jubilee Deep State Defense Budget Deficits Deflation Democracy Now! Democratic Party Deregulation Detroit Development Developmental Noise Dick Cheney Dictatorship Diversity Dominique Strauss-Kahn Donald Rumsfeld Drug Cartels Drugs Dubai Eastern Europe Ebola Economic Development Economic History Economic Sanctions Economics Economists Ed Miller Education Edward Snowden Edwin O. Reischauer Electric Cars Elites Elizabeth Holmes Elon Musk Emigration Emmanuel Macron Empire Employment Energy Environment Environmentalism Eurasia Europe European Union Event Ex-Im Bank FAA Facebook Fake News FAZ Feminism Finance Financial Bubbles Financial Debt Financial Times FIRE Flat Tax For Profit Schools Foreign Investment Fossil Fuels Fracking France Franz Boas Fraud Fukushima Gay Marriage Gender Gene-Culture Coevolution Geo-Politics George Soros Germany Glass-Steagall Globalism Globalization GMO Goldman Sachs Google Gordon Brown Government Debt Government Shutdown Government Spending Government Stimulus Government Surveillance Great Depression Great Recession Greg Cochran Gregory Clark H-1B H1-B Visas Hacking Haiti Harvard Hbd Health Health Care Henry George Henry Harpending Henry Paulson Hillary Clinton Hispanic Crime Hispanics Homelessness Hong Kong HSBC Huawei Huey Long Hugo Chavez Human Rights Humor Hungary Hurricane Katrina Illegal Immigration Imperialism Income Income Tax India Indians Inflation Infrastructure Interest Iran Iran Nuclear Agreement Iraq Iraq War Ireland Israel Israel Lobby Italy Ivy League Jeff Sommers Jeremy Corbyn Jews John Bolton John Brennan John Kerry Joseph Stiglitz Karl Rove Killing The Host Korea Kroger Co. Labor Labor Day Land Larry Summers Las Vegas Laurence Fink Lee Kuan Yew Lehman Brothers Liberalism Libertarianism Lindsey Graham Lombok Strait Low Wages Madoff Swindle Mafia Malacca Strait Manufacturing Margaret Thatcher Mark Carney Markets Marx Marxism Max Keiser Meat Medicine Meritocracy Merkel Mexico Michael Hudson Michigan Middle East Military Spending Minorities MMT Modern Money Theory Mohammed Bin Salman Money Supply Monopoly Mortality National Debt Nationalism NATO Neocons Neoconservatives New York Times Nicholas Wilson Nobel Prize North Korea Norway Nuclear Energy Nuclear Weapons Obama Obamacare Obscured American Occupy Wall Street Oil Industry Olympics One Percent Opioids Ottoman Empire Outsourcing Oxytocin Pakistan Panama Papers Paul Krugman Paul Samuelson Peak Oil Penny Pentagon Phil Rushton Pinochet Plutocracy Poland Police State Political Correctness Pollution Ponzi Scheme Populism Post-Communism Postindustrialism Prescription Drugs Prizatization Productivity Propaganda Property Tax Prostitution Protectionism Prudential Insurance Psychology Public Enterprise Public Schools Publishing Putin Qatar Race/Crime Racism Radio Radio Interview Real Estate Refugee Crisis Renegade Economists Renewable Energy Rentier Republican Party Republicans Reuel Gerecht Review Robots Ron Paul Ron Unz Rub Rupert Murdoch Samsung Saudi Arabia Scotland Scott Ritter Shanghai Cooperation Organisation Shanghai Stock Exchange Sheldon Adelson Silicon Valley Simon Patten Singapore Smoking Soccer Social Security Socialism Solar Energy Sony South Africa South China Sea Southeast Asia Soviet Union Spain Spanish Language Stanford Steven Mnuchin Strait Of Hormuz Student Debt Student Loans Supply-Side Economics Sweden Switzerland Syria Syriza Tax Tax Cuts Tax Evasion Taxes Tea Party Tech Technology Terrorism Tesla The Economist Theranos Thorstein Veblen Timothy Geithner Tobin Tax Toshiba TPP Trade Surplus Trump TTIP Tuition UKIP Unions Universal Basic Income University Admissions Urbanization USA Veblen Venezuela Vietnam Vioxx Vladimir Putin Vouchers Walmart Warren Buffet Wealth Welfare Welfare State White America White Americans White Death White Supremacy Workers Working Class World Bank World Cup World Restaurants World War II WTO Xi Jinping YouTube
Nothing found
Authors Filter?
Alexander Cockburn Andre Vltchek Andrew Napolitano Andy Kroll Ann Jones Bill Moyers Bonnie Faulkner C.J. Hopkins Chris Hedges Dave Kranzler Dean Baker Diana Johnstone Dirk Bezemer Eamonn Fingleton Eric Margolis Erika Eichelberger Fred Reed Godfree Roberts Guillaume Durocher Henry Veltmeyer Ilana Mercer Israel Shamir James Petras James Thompson Jeffrey Sommers John Derbyshire John Feffer John Siman John Titus Karel Van Wolferen Kevin Zeese Laura Gottesdiener Linh Dinh Margaret Flowers Michael Hudson Michael T. Klare Mike Whitney Nomi Prins Pat Buchanan Patrick Cockburn Paul Craig Roberts Paul Gottfried Pepe Escobar Peter Gemma Peter Lee Peter Van Buren Philip Giraldi Rajan Menon Ralph Nader Rebecca Solnit Robert Bonomo Robert Scheer Robert Weissberg Robin Eastman Abaya Ron Paul Ron Unz Sam Francis Sharmini Peries Steve Fraser The Saker Tom Engelhardt Ahmet Öncü Alan Nasser Alfred McCoy Alison Weir Andrei Martyanov Anthony DiMaggio Astra Taylor Aviva Chomsky Barbara Ehrenreich Barbara Garson Beverly Gologorsky Bill Black Brad Griffin Brian Dew Carl Bromley Carl Horowitz Charles Goodhart David North David Rosner David William Pear Eduardo Garcia Ellen Cantarow Eve Mykytyn Gerald Markowitz Gilad Atzmon Gregory Wilpert Hannah Appel Jason C. Ditz Jeff J. Brown Jeffrey Blankfort John Reid John Taylor John Williams Jonathan Alan King Kevin Barrett Kevin MacDonald Lance Welton Luiz Inácio Lula Da Silva Michael Gould-Wartofsky Ned Stark Nelson Rosit Nick Turse Patrick McDermott Paul Tripp Peter Frost Ramin Mazaheri Richard Krushnic Shann Turnbull Stephanie Savell Steve Penfield Ted Rall Thomas Frank Todd Miller Washington Watcher II
Nothing found
 Most RecentEconomics Archive

Bookmark Toggle AllToCAdd to LibraryRemove from Library • BShow CommentNext New CommentNext New ReplyRead More
ReplyAgree/Disagree/Etc. More... This Commenter This Thread Hide Thread Display All Comments
AgreeDisagreeLOLTroll
These buttons register your public Agreement, Disagreement, Troll, or LOL with the selected comment. They are ONLY available to recent, frequent commenters who have saved their Name+Email using the 'Remember My Information' checkbox, and may also ONLY be used three times during any eight hour period.
Ignore Commenter Follow Commenter
gr-eurasia-1
Eurasia has most of the world's wealth, resources, and population — yet there is very low economic connectivity. A Sino-Russian partnership can collectively create a gravitational pull that allows them to capture the geoeconomic levers of power by creating an alternative to the Western-centric model. This entails developing new global value chains that captures the... Read More
US-Australia-Japan alternative to Belt and Road helps explain why the US sent a junior delegation to Thailand and why...
Chinese President Xi Jinping six years ago launched New Silk Roads, now better known as the Belt and Road Initiative, the largest, most ambitious, pan-Eurasian infrastructure project of the 21st century. Under the Trump administration, Belt and Road has been utterly demonized 24/7: a toxic cocktail of fear and doubt, with Beijing blamed for everything... Read More
Biggest story at ASEAN was convergence of moves toward Asia integration, leaving Delhi out for now
A pan-Asia high-speed train has left the station – and India – behind. The Regional Comprehensive Economic Partnership (RCEP), which would have been the largest free trade deal in the world, was not signed in Bangkok. It will probably be signed next year in Vietnam, assuming New Delhi goes beyond what ASEAN, with diplomatic finesse... Read More
Above, modern China, and a homeless camp in San Francisco
I spent most of September in China, so The American Dream is Alive in China. Yeah, yeah, I thought: another puff piece from the ChiCom propaganda office. The internet's full of those. The genre is pinned at its most risible end by the contributions of "
The presidential election in Argentina pitted the people against neoliberalism and the people won. What happens next will have a tremendous impact all over Latin America and serve as a blueprint for assorted Global South struggles. The presidential election in Argentina was no less than a game-changer and a graphic lesson for the whole Global... Read More
In 1991, demographers Neil Howe and William Strauss published their awkwardly titled tome "13th Gen," about Generation X — the Americans born between 1961 and 1981. If Xers had paid attention, they would have committed suicide. "Child poverty, employment, wages, home ownership, arrest records — in every category, this generation, the 13th since the American... Read More
Neoliberalism is – literally – burning. And from Ecuador to Chile, South America, once again, is showing the way. Against the vicious, one-size-fits-all IMF austerity prescription, which deploys weapons of mass economic destruction to smash national sovereignty and foster social inequality, South America finally seems poised to reclaim the power to forge its own history.... Read More
Thirty-eight years ago when I was in charge of United States domestic economic policy, the US Treasury and President Reagan believed that the purpose of economic policy was to serve the country, not Wall Street and the banks or the corporations or any of the various organized interest groups. Our idea was that policy could... Read More
New European Commission President Ursula von der Leyen wants a “carbon tariff” on imports to Europe.
After decades of piously reciting neoliberal orthodoxy, extolling a ‘post-political’ borderless world, the European Union seems finally to be turning away from free trade. Numerous factors are working in this direction: a decades-late reaction to China’s mercantilist trade policies which have gutted European industry, the threat of trade wars with America under President Donald Trump,... Read More
shutterstock_150549371
Introduction: I recently spoke to a relative of mine who, due to her constant and voluntary exposure to the legacy AngloZionist media, sincerely believed that the three Baltic states and Poland had undergone some kind of wonderful and quasi-miraculous economic and cultural renaissance thanks to their resolute break with the putatively horrible Soviet past and... Read More
shutterstock_1133185733
It is very popular these days to talk and write about the “trade war” between the United States and China. But is there really one raging? Or is it, what we are witnessing, simply a clash of political and ideological systems: one being extremely successful and optimistic, the other depressing, full of dark cynicism and... Read More
grcompete-2
In 2003 I published a book charting America’s decline in thirty-six social and economic indicators. I mailed copies to the Administration, Congress and department heads and received one reply, from the Director General of the Central Intelligence Agency, saying that the Agency had been providing almost identical information to the government for decades. Since then... Read More
Huanzhou high-speed train station - one of the biggest in the world
When my dear friend and a great concert pianist from Beijing, Yuan Sheng, used to live in New York, recording, giving concert and teaching at prestigious Manhattan School of Music, he told me that he used to cry at night: “In the United States, they smear China. I felt hurt, defenseless”. He returned to Beijing,... Read More
shutterstock_1016111287
Trust the late Anthony Bourdain, the
Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as 75 billion dollars a day into the repo market until November 4. The repo market provides... Read More
collegebubble
See also
China is a sleeping giant. Let her sleep, for when she wakes she will move the world.” Napoleon Bonaparte France’s future emperor never saw China, but he was wise enough to understand its immense latent strength and future importance. Two centuries after making this prediction, China has proved the Corsican correct. Last week, China feted... Read More
shutterstock_157058126-2
There are certain moments in history where each person—and eventually the larger community—must decide which path to follow, ultimately leading us in vastly different directions. With the U.S. student debt fiasco now approaching
If you’re a member of the working class, 1/3 of your pay has been stolen from you. You would think this would be front page news every day until the problem is fixed. Not only is that a huge amount of money for a huge portion of the country, but you would expect our left... Read More
Former Federal Reserve official Bill Dudley’s recent op-ed calling for the Federal Reserve to implement policies that will damage President Trump’s reelection campaign states that such action would be unprecedented. Dudley claims the Federal Reserve bases its policies solely on an objective evaluation of economic conditions. This is an example of a so-called noble lie... Read More
According to the great military thinker, Maj. Gen. J.F.C. Fuller, ‘the object of war is not victory. It is to achieve political goals.’ Too bad President Donald Trump does not read books. He has started economic wars against China, Russia, Iran, Cuba and Venezuela without any clear strategic objective beyond inflating his ego as the... Read More
Modi and Putin discuss business and joint ventures at an economic conference in the Far East
There’s no way to follow the complex inner workings of the Eurasia integration process without considering what takes place annually at the
shutterstock_1056582641
Many have already noticed: The U.S. really, really doesn’t feel like the world leader, or even as a ‘first world country’. Of course, I write that sarcastically, as I detest expressions like ‘first world’, and the ‘third world’. But readers know what I mean. Bridges, subways, inner cities, everything is crumbling, falling apart. When I... Read More
The US Constitution never granted the federal government authority to create a central bank. The Founders, having lived through hyperinflation themselves, understood that government should never have a printing press at its disposal. But from the very beginning of America’s founding, the desire for a crony central bank was strong. In fact, two attempts were... Read More
Former Brazilian leader wishes emerging economies were closer, recalls Obama ‘crashing’ Copenhagen climate meet
In a wide-ranging, two-hour-plus, exclusive interview from a prison room in Curitiba in southern Brazil, former Brazilian president Luis Inacio Lula da Silva re-emerged for the first time, after more than 500 days in jail, and sent a clear message to the world. Amid the 24/7 media frenzy of scripted sound bites and “fake news”,... Read More
Meanwhile, fires rage in the Amazon and Brazilian President Bolsonaro has become a target of global indignation
Brazil has always been a land of superlatives. Yet nothing beats the current, perverse configuration: a world statesman lingers in jail while a clownish thug is in power, his antics now considered a threat to the whole planet. In a wide-ranging, two-hour, world exclusive interview out of a prison room at the Federal Police building... Read More
I was surprised to be given credit by readers for Trump ordering American corporations out of China and to bring the jobs back to the American workers that the corporations had abandoned. American economists, financial media, and Washington policymakers had never paid any attention to my analysis of US economic decline in terms of globalism... Read More
The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have increased short-term profits at the expense of these long-term... Read More
Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates than long-term Treasury note. An inverted yield curve is widely seen as a sign of an impending recession. Some economic commentators reacted to the inverted yield curve by... Read More
The plunder is getting worse
American capitalism is based on plunder. With the continental USA plundered, American capitalism hoped to continue enriching itself by plundering Russia as it did under Yeltsin, carefully including the Russian “Atlanticist Integrationists” in the spoils in order to have support from the liberal, progressive forces in Russia for stripping Russia of its assets. But Putin... Read More
grrent-1
How China’s Urbanization Pays for Itself
San Franciscans unable to afford the $3,600 monthly rental for a one bedroom apartment sleep in the streets and, like most world cities Beijing recently faced a similar problem. Twenty-three million prosperous Beijingers wanted meals from local restaurants but the quarter-million migrant workers who delivered them could not afford the city’s eye-watering rents. Resourcefully, they... Read More
The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed course on interest rates by cutting its “benchmark” rate from 2.25 percent to two percent. President Trump responded to the cut in already historically-low rates by attacking the Fed for not committing to... Read More
Most of the people in the West or in North Asia usually never think about it, but Southeast Asia is one of the most depressed and depressing parts of the world. It has been through genocides, wars and atrocious military regimes. Then, those monstrous income disparities. According to The Bangkok Post, in 2018, “the 10%... Read More
After years of being kept in the doldrums by orchestrated short selling described on this website by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 this morning. The gold price has continued to rise despite the continuing practice of dumping large volumes of naked contracts in the futures market. The gold price... Read More
Binary options fraud flourished in Israel for years before the
Control of oil has long been a key aim of U.S. foreign policy. The Paris climate agreements and any other Green programs to reduce the pace of global warming are viewed as threatening the aim of dominating world energy markets by keeping economies dependent on oil under U.S. control. Also blocking U.S. willingness to help... Read More
Yesterday’s column referred to a “rising labor force participation rate” when it should have read “falling labor force participation rate.” Those of you who read the column before I made the correction must have been puzzled, but, little doubt, figured it out from the context. One of the main points of the article is that... Read More
I was very interested to see Senator Bernie Sanders take a group of American diabetics from Detroit to Windsor, Ontario to buy insulin. I used to own a pharmaceutical company in Windsor. In Canada, the life-saving medication insulin, which was invented in Toronto by Drs. Banting and Best, costs a tenth of what it does... Read More
The Bureau of Labor Statistics reports that the US economy created 148,000 new private sector jobs during July. The jobs number does not translate into employed people as increasingly Americans hold two or more jobs. For example, the BLS reports that from June to July the number of multiple job holders rose by 233,000 which... Read More
Capitalists have claimed responsibility for America’s past economic success. Let’s begin by setting the record straight. American success had little to do with capitalism. This is not to say that the US would have had more success with something like Soviet central planning. Prior to 1900 when the frontier was closed, America’s success was a... Read More
shutterstock_1087975928
Today’s world is at war on many fronts. The rules of international law and order put in place toward the end of World War II are being broken by U.S. foreign policy escalating its confrontation with countries that refrain from giving its companies control of their economic surpluses. Countries that do not give the United... Read More
Bluff was a central feature of British power even when the British empire covered a large part of the globe. A story illustrating this tells of a royal navy captain who was sent with a small ship to the far east to force a defiant local ruler to obey some orders issued by the British... Read More
… while academics in Beijing plot decoupling business with the US and teaming up with EU and ASEAN
Western economists and intellectuals obsessed with demonization of China are never shy of shortcuts glaringly exposing their ignorance. The latest
communist-victory-in-beijing-china-e1526158648852-768x1024
It used to be comical, but suddenly it is not, anymore. In the past, blind hatred towards China could had been attributed to ignorance, or at least to indoctrination by the Western propaganda and mass media outlets. But now? China’s tremendous leap forward, its excellent, humane social policies and determined people-oriented scientific research, as well... Read More
Today there are reports of toxic algae blooms affecting the French Riveria, Lake Erie, and the Gulf of Mexico. See: , , and . Corporate farming is a huge contributor to toxic algae blooms. In days of old, farming was done intelligently. Every year part of the land was left fallow or planted with soil... Read More
The Honorable David L. Bazelon, Chief Judge of the U.S. Court of Appeals for the District of Columbia
How a Young Syndicate Lawyer from Chicago Earned a Fortune Looting the Property of the Japanese-Americans, then Lived...
As I was growing up in the suburban San Fernando Valley of Los Angeles during the 1960s and 1970s, organized crime seemed like a very distant thing, confined to the densely-populated cities of the East Coast or to America's past, much like the corrupt political machines with which it was usually associated. I never heard... Read More
grtradewar-1
EMBARGO DILEMMA Modern China has spent forty of its seventy years under American and Western embargoes, so the current round is nothing new. How likely is it to succeed? In 1949
Considering the American rightwing’s absorption in war and hatred of Muslims, worship of capitalism whose operatives have sent American middle class jobs abroad, and blind support of Israel, a racist country, Americans desperately need a real leftwing. All we have is a fake leftwing. I sometimes think the last American leftist was British born Alex... Read More
Category Classics
Which superpower is more threatened by its “extractive elites”?
The sources of America’s immigration problems—and a possible solution
A simple remedy for income stagnation