Category Archives: Macroeconomic policy

Bob Pollin: Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs

Bob Pollin: High oil prices and supply chain disruption are driving inflation, not workers’ modest wage increases or government debt.

Expectations Data Indicate the US Is Entering Recession About Now

Consumers are getting so rattled that they have set off recession warning lights.

Mzukisi Qobo: The Old Mantra About Growth Has Reached Exhaustion

A perspective from the Global South on the end game for growth.

‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End?

Class warfare, American style, is ever more obvious. But how much are ordinary people taking note?

Why Does Congress Fight Over Childcare But Not F-35s?

Details on why Congress is addicted handing out military pork as opposed to spending money on citizens’ needs.

Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever

Repeat after me: trade deficits = exporting jobs. The latest results confirm how crappy US policies are.

Michael Hudson on Renegade Inc.: China’s Fortune Cookie Crumbles

Michael Hudson discusses China’s campaign to limit the influence of Western investors.

The Lasting Impact of the Covid Crisis on Economic Potential

A look at how Covid has damaged the economy and estimating the effect.

Why the Rich Get Richer and Interest Rates Go Down

A wrongheaded paper from the Jackson Hole conference that depends on the loanble funds fallacy lets central bankers off the hook.

A Half Century Since The Beginning Of The End Of The Post WW II Economic Order

Marking the 50th anniversary of the end of the Bretton Woods economic system.

Central Banks Must Address Pandemic Challenges

Central banks in developing countries must use monetary policy to enhance fiscal space and support relief, recovery and transformation.

Consumer Inflation Rises…Will It Draw the Fed’s Attention?

Inflation is hitting a few important sectors very hard. The Fed isn’t set up to contend with this problem, but will it try anyhow?

Why the Neoliberal Drive to Privatize Everything Is Running Out of Gas

A look at the current acceptance of neoliberal policies.

Bob Pollin: Modest Inflation Is Good for Workers

If inflation is linked to higher wages, that’s not bad for workers, says Bob Pollin of the Political Economy Research Institute in Amherst.