The big picture is unambiguous: humanity is undermining the planetary ecosystem, and the deterioration continues unhindered. According to the 2019 Global Assessment Report on Biodiversity and Ecosystem Services, since 1970, the capacity of nature to sustain contributions to good quality of life...

Nowadays, it is commonplace to claim that the economy overuses our limited material and energy resources and that this overuse threatens both human society and the biosphere. Other than anti-science cranks, the only ones who seem to deny this claim are mainstream economists. In our view, though,...

This week, with the Federal Reserve Banks of New York and Atlanta anticipating sharply lower GDP growth for 2019:Q1, President Trump presented a ‘Budget for A Better America’, calling for a smaller government and a bigger military. Forty years ago, the very same call was hailed as the best...

This research note updates selected charts from three previous papers. The new data present a rather startling picture, suggesting that the Middle East - and the global political economy more generally - might face an important crossroads. Our assessment here rests on the analysis of capital as...

This research note starts by showing that, for much of the postwar period, U.S. unemployment to has been a highly reliable leading indicator for the capitalist share of domestic income three years later, and then assesses whether this relationship still holds.