Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.
Read more...Debunking Bernanke’s pet excuse for the global financial crisis, the savings glut hypothesis, which of course exculpates the Fed.
Read more...John Weeks was a leading critic of economic orthodoxy who dedicated his life to building a better world.
Read more...Showing that behavioral economics is just marketing wine in new bottles.
Read more...A 1938 economic manifesto makes modern day schemes look inadequate and unimaginative.
Read more...To fight COVID-19, the European Union must recognize that spending restraints have to go.
Read more...Why using credit as an economic remedy evenutally does more harm than good.
Read more...A discussion of the state of capitailsm, with a European/Lebanase slant.
Read more...Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.
Read more...A careful look at a new set of rescue schemes devised by some Serious Economists. Honestly, even Larry Summers could do better than this.
Read more...Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely?
Read more...Yves here. Richard Murphy’s observations about QE hitting its limits are clearly relevant to the US. Sadly, things will have to get worse before ideas like a job guarantee or Green New Deal-type work schemes even get a hearing. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian […]
Read more...A new take on how automation and offshoring affect employment.
Read more...Why Covid-19 damage will be lasting.
Read more...Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.
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