Capitalism and Democracy [part 3]
Aug 13, 2016 11:18 am UTC| Insights & Views Economy Politics
Part two of this series on capitalism and democracy introduced the unfamiliar idea of democracy failure. Instead of seeing democracy as the hapless victim of capitalist markets, as Marxists and others have typically done...
Capitalism and Democracy [part 2]
Aug 13, 2016 11:16 am UTC| Insights & Views Politics Economy
Part one of this series on capitalism and democracy probed the famous remark of the American economist and sociologist Thorstein Veblen that there are historical moments when democratic sovereignty is converted into a...
Capitalism and Democracy [part one]
Aug 13, 2016 11:15 am UTC| Insights & Views Politics Economy
Lets begin with a discomforting fact often forgotten in recent years: capitalism is not naturally the best friend of democracy. Since the early years of the nineteenth century, especially during periods of economic...
Chart of the Day: No energy panic for the high yields
Aug 12, 2016 16:09 pm UTC| Commentary Economy
This chart made by us at FxWirePro, in St. Louis Feds economic dashboard shows how the U.S. high yield bonds have gotten along with the crude oil price (inverse scale). How many barrels of crude a dollar buys vs. Effective...
HOX/Valueguard data gives further evidence of easing of Sweden’s housing market
Aug 12, 2016 12:35 pm UTC| Commentary Economy
Recent data from HOX/Valueguard shows that Swedens housing market is indicating evident signs of easing. In seasonally-adjusted terms, prices of apartment have majorly been flat from the start of this year. The small rise...
U.S. July retail sales preview
Aug 12, 2016 11:57 am UTC| Commentary Economy
U.S. retail sales statistics for July will be released at 12:30 GMT, today. Why retail sales and U.S. consumers are important? Domestic consumption of goods contributes about 25% of GDP or around $ 4.3 trillion as...
Euro area economic growth slows to 0.3 pct in Q2
Aug 12, 2016 11:32 am UTC| Commentary Economy
The euro area economic growth slowed in the second quarter, in line with consensus expectations. The gross domestic product of the currency bloc rose 0.3 percent in the second quarter, according to Eurostat. This matches...