Labour’s economists show their Third Way colors and advocate austerity-generating policy rules that might as well have been penned by former Treasury Secretary, later Citigroup vice chairman Bob Rubin.
Read more...Michael Hudson discusses his life as a young Communist intellectual, how he became interested in economics and finance, his life in academia, and his recent work on rentier capitalism and debt jubilees.
Read more...How hedge fund activists, who largely operate as a type of corporate raider, have subverted the notion of “shareholder democracy” and what can be done to rein them in.
Read more...Why US Treasury bond issuance and Federal deficits are functionally not debt at all.
Read more...Has the rising role of intangibles, as in intangible assets. helped cause secular stagnation?
Read more...Social and medical sciences depend on randomised controlled trials, even though they harbor more assumptions and biases than commonly understood.
Read more...Job reallocation is an important determinant of productivity. This column uses US data to show that a decline in the degree of job reallocation in response to shocks is behind the overall fall in the rate of reallocation over the past decades.
Read more...A case study in teaching modern money to a progressive who unknowingly has swallowed neoliberal economic ideas.
Read more...Mirowski on the Koch brothers scandal at George Mason University.
Read more...Why framing the political struggle in Italy as mainstream versus populist shifts focus away from the most important issue, Eurozone reform, where the battle is mercantilists versus Keynesians.
Read more...A light-hearted economic analysis of the World Cup
Read more...Bernanke engages in a new episode of ideologically motivated economic prognostication.
Read more...What good is a conventional economics that tells us we can only create jobs and “profit” by literally destroying and despoiling the resources we depend on? That sounds un-economic to me
Read more...Why the current fights over money, banking, and Modern Monetary Theory look like new ways to achieve bad neoliberal ends.
Read more...Deficit hawks have been wrong for even longer than you thought.
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