Three Theories Behind the Global Productivity Slowdown
A discussion of mainstream views on productivity growth slippage, plus a pet theory from Yves.
Read more...A discussion of mainstream views on productivity growth slippage, plus a pet theory from Yves.
Read more...Too much finance is highly correlated with slower growth. But which comes first?
Read more...Another monetarist myth bites the dust. Consumers overwhelmingly say they would not spend helicopter money.
Read more...Why economics is more like phrenology than physics.
Read more...Four Nobel Prize winners agree that rent-seeking is the biggest driver of rising inequality.
Read more...Yves here. This post makes a point at the end in passing about the value of multilateralism, even though the TPP was otherwise a very bad scheme on multiple levels. This serves as a reminder to mention something I’ve neglected to say. Trump’s plan to enter into bi-lateral trade deals (after supposedly tearing up extant […]
Read more...How central banks’ policy remedies have taken big steps backwards.
Read more...Looking at why Trump won and the implications for his presidency.
Read more...Sexual orientation does affect earnings, but not necessarily in the way you might have assumed.
Read more...Economists hide behind specious claims of neutrality and efficiency to advocate policies that often have negative moral and social impact.
Read more...The failure to do enough deficit spending is a big reason why the Democrats hemorrhaged losses. Progressives need to take up this issue.
Read more...Why macroeconomic models perform so badly.
Read more...The new book Econocracy describes how economics training discourages critical thinking, overreaches, overpromises, and underdelivers.
Read more...Yes, Virginia, more education for the lower orders really does pay off.
Read more...Neoliberal capitalism has led to underinvestment, lowering productivity and increasing inequality. Will Trump make things better or worse?
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