Technology Change Not the Culprit in Wages Falling Behind US Productivity Gains
Larry Summers and Anna Stansbury challenge the idea that workers getting a smaller cut of the productivity gains pie is due to technology.
Read more...Larry Summers and Anna Stansbury challenge the idea that workers getting a smaller cut of the productivity gains pie is due to technology.
Read more...There is a fear that certain reforms could further exacerbate inequality….
Read more...Their relaxed approach to work stemmed from their faith in the providence of their environment and confidence in their ability to exploit it
Read more...Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.
Read more...A new study out of Bard will no doubt produce a hissy fit among orthodox economists…assuming they don’t succeed in ignoring it instead In The Macroeconomic Effects of Student Debt Cancellation, Scott Fullwiler, Stephanie Kelton, Catherine Ruetschlin, and Marshall Steinbaum present a detailed examination of the costs of cancelling all student debt, public and private. […]
Read more...Why are some cities doing better than the states they inhabit?
Read more...Institutions are widely viewed as a fundamental cause of economic performance. But what are the causes of institutions?
Read more...Serious Economist Jared Bernstein asked some questions about MMT. MMT thinkers Stephanie Kelton and Randy Wray.
Read more...Rethinking the MMT rhetoric around tax….and implications for policy prescriptions.
Read more...Questioning economic orthodoxies on trade.
Read more...Why workers are the nexus of production and prosperity.
Read more...Evidence that women face higher obstacles to professional achievement than men.
Read more...The challenge of understanding self-organizing groups.
Read more...An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.
Read more...Summers on inequality, the GOP tax plan, and US economic prospects.
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