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.
Read more...contemporary American business and economic culture has a moral framework: neoliberalism. This framework is dependably orthogonal to the last 50,000 years of moral norms and traditions.
Read more...How the evolution of Western metaphysics repressed chartalist ideas that are the foundation of MMT.
Read more...A critique of the bad-model-induced fear-mongering over Italy’s proposed budget deficits
Read more...What could the European Commission do if it decided to discipline Italy for defying budget rules?
Read more...If poverty is falling, why you should still care about what happens to inequality.
Read more...A short history of MMT and and overview of core principles.
Read more...Steve Keen, author of Debunking Economics and one of the few economists to foresee the crisis, explains what is wrong with the discipline.
Read more...BIS chief economist Claudio Borio warns that central bankers have overdone the liquidity party, and investors are not being paid enough to take ris
Read more...Debunking the misconceptions about the role of debt of a currency issuer like the US or UK.
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