The Biden Administration proves it cares only about the donor classes by standing pat as its own $15 minimum wage proposal founders.
Read more...The Trump and Biden stimulus on the cheap, of having landlords support income-starved renters in lieu of subsidies, is now in trouble.
Read more...What will come of Biden’s grand infrastructure plans? And will they be as green as he promised?
Read more...Reading the tea leaves of the economy after Covid…..assuming an “after Covid”.
Read more...Varoufakis believes Biden Administration fecklessness and love of austerity will strengthen the Trump faction.
Read more...A belated obituary for the heterodox economist Michael Perelman.
Read more...“Means testing is a form of austerity. Scaling back on stimulus would be a mistake.”
Read more...A scorecard for various approaches to combatting the looming European banking crisis.
Read more...Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?
Read more...Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.
Read more...The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.
Read more...Harvard’s Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw’s textbooks.
Read more...An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Read more...Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Read more...Larry Summers is at it again.
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