Economies of States Versus Economies of Cities
Why are some cities doing better than the states they inhabit?
Read more...Category Archives: The dismal science
Labour Scarcity and Labour Coercion: Serfdom in Bohemia
Institutions are widely viewed as a fundamental cause of economic performance. But what are the causes of institutions?
Read more...Answers from the MMTers
Serious Economist Jared Bernstein asked some questions about MMT. MMT thinkers Stephanie Kelton and Randy Wray.
Read more...Reclaiming the Tax: Foregrounding the Public Covenant
Rethinking the MMT rhetoric around tax….and implications for policy prescriptions.
Read more...International Trade and Globalization: Are Benefits Truly Mutual?
Questioning economic orthodoxies on trade.
Read more...More Power to the Workers: Seymour Melman on Extraction by the Military, Managers, and Finance
Why workers are the nexus of production and prosperity.
Read more...Evidence from Peer Review That Women Are Held to Higher Standards
Evidence that women face higher obstacles to professional achievement than men.
Read more...Cognitive Economics: How Self-Organization and Collective Intelligence Works
The challenge of understanding self-organizing groups.
Read more...Debunking Mainstream Economists on Secular Stagnation and the Loanable Funds Fallacy
An important, accessible takedown of the loanable funds theory, on which a ton of bad policy rests.
Read more...Larry Summers: Reagan’s Tax Plan Was Better Than Trump’s
Summers on inequality, the GOP tax plan, and US economic prospects.
Read more...Defining the Tax Reform Battleground
How tax “reform” policy discussions reinforced destructive economic ideas.
Read more...Bill Black: DSGE Dilettantes v. ADM God Devotees
Black shows how DSGE defenses fall apart, even as their backers lash out at critics.
Read more...Why Stopping Tax “Reform” Won’t Stop Inequality
Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers.
Read more...The DSGE Model Quarrel (Again)
Economists duke it out over a new defense of discredited but still widely used DSGE models.
Read more...How Hayek’s Evolutionary Theory Disproves His Politics
How critics of Hayek, like those of Marx, fixate on his politics and ignore his important economic insights.
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