Pointless Pain Is What We’re Enduring. And All for the Sake of Accepting That Money is Not a Constraint on Our Potential, and Never Will Be
Defitic hysteria, UK style, and why misunderstanding what government money is about persists.
Read more...Category Archives: Economic fundamentals
The Jobs Recovery, Compared to the “Good Times” Trend
February confirms: V-shaped jobs recovery petered out in October about two-thirds into it.
Read more...Economists’ Rx: “Sick? Stay Home!”
Economists endorse sick day mandates. Pass the word.
Read more...Covid Baby Bust Has Governments Rattled
A falloff in baby production has capitalists very worried.
Read more...RIP Gold. Killed by Bitcoin
Inflationistas have abandoned gold and moved on to a new fetish.
Read more...A Big Fiscal Push is Urgent, The Risk of Overheating Is Small
The $1.9 trillion fiscal stimulus should be large because the need is large.
Read more...A Less Trumpy Version of Trumpism Might Be the Future of the Republican Party
The Republican Party is already repositioning itself.
Read more...“I’m Sorry,” Says Ro Khanna, “An Unelected Parliamentarian Does Not Get to Deprive 32 Million Americans the Wage Raise They Deserve.”
The Biden Administration proves it cares only about the donor classes by standing pat as its own $15 minimum wage proposal founders.
Read more...Eviction Moratorium Deemed Unconstitutional by Federal Judge in Texas
The Trump and Biden stimulus on the cheap, of having landlords support income-starved renters in lieu of subsidies, is now in trouble.
Read more...America Needs New Infrastructure to Survive, But Will Biden Deliver?
What will come of Biden’s grand infrastructure plans? And will they be as green as he promised?
Read more...Why Black and Hispanic Small-Business Owners Have Been So Badly Hit in the Pandemic Recession
Another setback for minority communities: their business owners have taken disproportionate hits in the pandemic.
Read more...Why It’s Good for San Francisco that Rents Dropped 29% to Multiyear Low. But They Haven’t Dropped Nearly Enough Yet
Rents in San Francisco have taken a beating. But they need to fall further.
Read more...Is the Post-COVID Boom Going to Bust?
Reading the tea leaves of the economy after Covid…..assuming an “after Covid”.
Read more...Why Behavioral Economics Needs Behavioral Biology: Avoiding Arms Races
Are behavioral economists really nudging people in the right direction?
Read more...Hubert Horan: The Airline Industry Collapse Part 6 – U.S. Airlines Lost Over $35 Billion in 2020
The airline biz is on track to being America’s biggest welfare queen.
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