Day: 26 July 2021

Real yields reach lows, vaccine reach slows

Major earnings results could help give equity markets more strength, but, on today’s podcast, NAB’s Rodrigo China’s regulatory uncertainty and slowing recovery rates are adding caution. All eyes will be on the Fed’s response later in the week.

Economics and thermodynamics

Steve Keen has often said economics needs to incorporate the principles of thermodynamics. So what exactly is thermodynamics, and how would it change our study of the economy?

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