Economics now is a vast subject, but now it has lost touch with the real world. Those who wants to know about what is happening in real world, real economics, here is a short explanation.
Two philosophers whom we desperate want to be wrong, yet keep coming back and we are forced to acknowledge..
Democracy is in decline everywhere especially America. These are the reasons.
We are now in a service economy but no one understand that nor anyone knows its problems.
Capitalism just like socialism/communism is dead. Economists not understanding it, dwell on the late century theories and do not explain the current world nor able to come up with solutions.
The Politicians call the Public an ass, here is the true reason why. This will tell you the rules that rules the rulers.
The world is getting into the new "great depression", here is the only solution that can help.