The Microeconomics of Christmas
Economists seem awfully Scrooge-y when they discuss Christmas.
Read more...Economists seem awfully Scrooge-y when they discuss Christmas.
Read more...Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.
Read more...Awfully late in the game, CalPERS finally tries to ‘splain its private equity plans. The giant fund only digs its hole deeper.
Read more...The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action on climate change is needed
Read more...A short discussion of why economists’ efforts to model the impact of Brexit leave a lot to be desired.
Read more...Some economists contend that machine learning and AI can improve economics.
Read more...Earth to economists: you are a big part of the climate change problem.
Read more...Why the worries about the US budget deficit and China buying Treasuries are overblown.
Read more...The way economists think about the value of lives influences health care policy, and some of their ideas may be producing bad outcomes.
Read more...One of the reasons little has changed in economics despite the financial criss showing it to be deeply flawed is the power of the “top five” journals, which show both inbreeding and clientelism.
Read more...Explaining a fundamental error in a widely-touted paper on HAMP modifications.
Read more...Some of the analytical sleights of hand used to promote the ideology of financializatation.
Read more...How a new paper on HAMP manages, by not understanding the program. to whitewash it as well as promote financialization.
Read more...A very readable — or listenable — introduction to MMT, in plain language
Read more...Amid hysterical comparisons between Senator Bernie Sanders and Mao Zedong, the Council of Economic Advisers unwittingly makes a solid case for socialist policies.
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