Consumption Inequality and the Frequency of Purchases
Spending patterns suggests that consumption inequality has been blunted by bulk buying, a trend that is leveling off.
Read more...Spending patterns suggests that consumption inequality has been blunted by bulk buying, a trend that is leveling off.
Read more...Macroeconomists are making Steve Bannon look good.
Read more...Commercial revolution at the Atlantic coast: The emergence of impersonal markets
Read more...On the obvious and high cost of abandoning fiscal policy in favor of monetary policy…save for asset owners.
Read more...Why the argument that public company ownership contributes to monopoly power is wrong-headed.
Read more...The war on cash, to enable central banks to implement negative interest rates on ordinary citizens, continues.
Read more...Why a consumption tax does not hold up under close scrutiny.
Read more...The costs of sticking with obviously failed austerity policies just keep rising.
Read more...Have management fads contributed to the fall in productivity growth?
Read more...Why one of the core precepts of monetary economics is all wet, yet central bankers rely on it even when it keeps failing in practice.
Read more...An update on Republican tax cut plans, and why they are economic chicanery.
Read more...Yet another reason to doubt the supposed wisdom of the “shareholder value” theory of corporate governance.
Read more...Examining national policy tradeoffs in a world of perhaps too much in the way of free and easy international money movements.
Read more...A fine, high level description of the retirement problem in the US, coupled with a not-as-stellar remedy.
Read more...Economist Andrew Lo presents his alternative to the Efficient Markets Hypothesis: the Adaptive Markets Hypothesis.
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