Bill Black: Howard Dean Wants to Continue Austerity’s Assault on the Working Class
Why Democrats like Howard Dean believe in and sell austerity snake oil.
Read more...Category Archives: The dismal science
Trumpism Has Dealt a Mortal Blow to Orthodox Economics and ‘Social Science’
Why Trumpism caused mainstream ‘social science’ to fall like a house of cards.
Read more...Bill Black: Hillary’s Threat to Wage Continuous War on the Working Class via Austerity Proved Fatal
Black recounts how fundamental austerity-driven economic policies had become to the Democrats and how Hillary embraced them wholeheartedly.
Read more...Bill Black: Bloomberg Notices Paul Romer’s Indictment of Macroeconomics
World Bank economist Paul Romer calls out obvious defects in macroeconomics, and is treated as a bomb-thrower.
Read more...Economists and Trump: Straight Talk on Trade
Economists maintained a party line of never letting a bad word be said about more open trade even though they knew it would produce losers.
Read more...Why Economic Recovery Requires Rethinking Capitalism
Capitalism needs a dose of socialism, aka public works. Mission-oriented public investment is vital to revive private-sector investment.
Read more...The Retreat of Financial Globalization?
Financial globalization, meaning high levels of funds movement across borders, has fallen, and that’s a good thing.
Read more...Suspected 5th Columnist Streetwise Professor Knocks Blockchain… But Defends Elites
Why are self-styled progressive economists like the Streetwise Professor criticising Blockchain boosters but making excuses for our elites?
Read more...Public Support for the Euro
Why a Brexit, even if it moves forward, seems unlikely to lead to a Eurozone breakup.
Read more...The Limitations of Randomised Controlled Trials
Why the results of randomized controlled trials are often misapplied, and how to avoid common pitfalls.
Read more...Monetary Policy at the Time of Elections
How much was the Federal Reserve standing pat on interest rates linked to the election, and what can be expected for the future?
Read more...Michael Hudson on Meet the Renegades
Michael Hudson gives a freewheeling interview on some favorite topics like rentier capitalism and why the Great Moderation wasn’t so great.
Read more...Whom to Trust: Why We Persistently Get It Wrong
Placing trust in the wrong person can be costly, yet most rely on their beliefs about cheating rather other means of protecting themselves.
Read more...Easy Money is Dangerous Without Activist Fiscal Policy
Why over-reliance on monetary policy and the failure to engage in fiscal deficits is a toxic mix.
Read more...Why the ECB is Going to Print, Print, PRINT!
The ECB is set to dig its hole even deeper….
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