Larry Summers, a barometer of leading edge conventional wisdom, questions Keynesianism as a distortion of Keynes and for its overconfidence in monetary policy.
Read more...bunking some arguments against Sanders’ climate change program.
Read more...Ecocode is profitable, so follow the money.
Read more...Many indicators say the US is close to full employment. Hours of work tell a different story.
Read more...Central banks don’t have the tools to address our problems. It will take well-constructed fiscal policy to set right our topsy-turvy economy.
Read more...Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Read more...Why the US and China are likely to remain at loggerheads.
Read more...The odd marriage of Lega Nord and Five Star held up longer than expected, but Italy is about to get a new government. How might that work out?
Read more...Seeking reader input on the health of their economy.
Read more...Readying austerity talk just in time to condition voters for 2020.
Read more...Correcting misinformation about Hong Kong’s status sometimes bandied about by critics of its protestors.
Read more...Trump proposes yet more tax breaks, which would do more for the stock market than for the real economy.
Read more...Offshoring killed American manufacturing jobs.
Read more...The student debt crisis has produced a decline in homeownership, marriage, and childbearing rates among the young.
Read more...Yves here. It has been reported in venues like the Financial Times that importers who would face increased costs from tariffs on China were taking steps so as not to increase prices to customers, which includes making their suppliers give better prices and eating some costs too. With profit share at a record high level […]
Read more...