Rethinking Macroeconomic Theory Before the Next Crisis
Only after the US subprime financial crisis began have the macroeconomic and monetary theories of mainstream economists been questioned.
Read more...Category Archives: Guest Post
The Impact of Minimum Wage Changes on Infant Health
Why analyzing minimum wage increases solely in terms of labor market impact is shortsighted.
Read more...“There Ought to be a Law….” Why Prison is the American Way
How overreaching and poorly conceived laws produce difficult-to-justify prison sentences.
Read more...Popular Acceptance of Inequality Due to Brute Luck
People don’t mind inequality due to “brute luck”…but is one man’s brute luck another man’s rigged system?
Read more...2:00PM Water Cooler 9/23/2016
Today’s Water Cooler: David Brock’s commissions, undecided voters, Pence on the trail, manufacturing, MMT, Charlotte’s highways, Lego
Read more...The End of the Beginning at Wells Fargo
By Lambert Strether of Corrente. Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. –Winston Churchill The old reprobate got that one right, didn’t he? This post will be absurdly short (for Naked Capitalism) and absurdly sweet (for Naked Capitalism). […]
Read more...Links 9/23/16
Report: New Data Disproves US Corporations’ False Narrative on Taxes
A new study on corporate tax havens shows how multinational corporations avoiding U.S. taxes represents a transfer to them from workers.
Read more...Income Inequality in a Globalising World
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
Read more...2:00PM Water Cooler 9/22/2016
Today’s Water Cooler: Bill Clinton outs Hillary on TPP, TV spending, Clinton on Wells Fargo, leading indicators, Maersk, Hanjin, China, bees
Read more...Backlash Against Trade Deals: The End of U.S.-Led Economic Globalisation?
Why the backlash against the overreach of US trade deals, as embodied by the TPP and TTIP, is well warranted.
Read more...The Private Debt Crisis
Why private debt is so dangerous, and why that risk looms large, particularly in China.
Read more...Links 9/21/16
Negative Effects of Immigration on the Economy
Working through explanations as to why US immigration has been negatively correlated with growth.
Read more...Academic Penury: Adjunct Faculty as the New Precariat
The perilous status of adjuncts, who serve as contingent faculty.
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