Bill Black: The AEI and Brookings Sell Marriage as the Solution for Poverty
Marriage is the new cheap fix for poverty…which means by implication that single low income women are a new category of the undeserving poor.
Read more...Marriage is the new cheap fix for poverty…which means by implication that single low income women are a new category of the undeserving poor.
Read more...A very readable, information-rich post on what the Fed does and does not do, with emphasis on the nitty-gritty of monetary policy. If you are time-pressed, read the last item in the FAQ first, which is a terse item-by-item debunking of widely made, inaccurate statements about the Fed.
Read more...Bad loans are not the only reason to worry about banks. ZIRP and negative interest rates will bleed them to death, and Eurobanks are at real risk of bank runs.
Read more...Given what Hillary and Gore have said about Nafta, it’s time to ask candidates much more pointed questions about Nafta and the TPP.
Read more...Even Moody’s which is always late to the party with its warnings – but when it does warn, it’s a good idea to pay attention – finally warned: “Don’t fall into the trap of believing all is well outside of oil & gas.”
Read more...Positive Money boosters have failed to consider (or perhaps have failed to publicize) is that it would necessitate draconian controls to prevent the creation of private credit.
Read more...2015 was a terrible year for emerging markets, not just in terms of trade in goods and services, but also capital exit.
Read more...Trump represents a new strain in American politics: low wage full employment and the protection of the status of big business through violent discipline.
Read more...A new story at the New York Times on the global debt overhang is an economically warped account that omits important policy options.
Read more...Why you should expect and applaud federal deficits.
Read more...The Clinton campaign is on the back foot. And it is a spectacle to behold.
Read more...The Saudis appear to have bitten off more than they can chew.
Read more...Focusing on German wage “moderation,” as in restriction, leads to a neat, plausible, and wrong tale of what caused the Eurozone crisis.
Read more...China’s slowdown started years ago, not last year. And the impact on the US is likely to be lower than news reports would lead you to believe.
Read more...Lousy levels of corporate investment are only getting worse….much worse.
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