Unemployment as a balancing act between workers ‘fearing the sack’ and employers ‘fearing the quit,” with employers usually winning out.
Read more...If inflation is linked to higher wages, that’s not bad for workers, says Bob Pollin of the Political Economy Research Institute in Amherst.
Read more...Mega businesses are a huuge problem. But what to do?
Read more...Despite fear-mongering about inflation, unemployment remains elevated and stimulus is needed to prevent a collapse in demand.
Read more...Michael Hudson discusses geopolitics including currency power plays, global institutions like the IMF, the new Cold War, and Bill Gates
Read more...Looking at the channels through which the rich preserve their advantages across generations.
Read more...The Q&A from a Michael Hudson talk on money, debt, and economic orthodoxy.
Read more...Michael Hudson gives a long historical account of the role of debt and money as a tool for promoting prosperity and political dominance.
Read more...Economists go on tilt with the supposed profligate implications of Modern Monetary Theory. But there are many ways to check demand.
Read more...Mark Blyth explains why inflation in the U.S., Canada, & E.U. is highly unlikely: a room for more government spending and higher wages.
Read more...What does it take to move the norms needle?
Read more...Savings plays an important role in household management (or does when the household isn’t desperate), yet economists don’t get it.
Read more...Challenging the conventional wisdom that government responses to Covid will generate inflation.
Read more...Further discussion of the American and Chinese economic models, focusing on financialization as a central distinction.
Read more...Establishing some first principles of the bullshit economy.
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