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Search Results for: inflation

The Truth About Inflation: Why Milton Friedman Was Wrong, Again

As inflation fears return, it’s worth reminding ourselves of the real-world facts.

Blair Fix

Rapid Money Supply Growth Does Not Cause Inflation

Neither do rapid growth in government debt, declining interest rates, or rapid Increases in a central bank’s balance sheet

Richard Vague

Five Ways to Build a New Macroeconomics

What is taught in today’s graduate programs as macroeconomics is entirely useless for the kinds of questions we are interested in.

J. W. Mason

Why Elon Musk Isn’t Superman

The Betting Economy vs. The Operating Economy

Tim O'Reilly

Why Behavioral Economics Needs Behavioral Biology

Traditional models of rational choice typically ignore Darwin’s central insight—that life is graded on the curve.

Robert Frank

What Do Economists Mean When They Talk About “Capital Accumulation”?

In every other science, this inability to measure the key category of the theory would be devastating. But not in the science of economics.

Shimshon Bichler, Jonathan Nitzan

The Sweet Spot Between Laissez-Faire and Centralized Planning

A conversation about the “Third Way” between David Sloan Wilson and Tim O’Reilly.

Tim O'Reilly

Productivity Does Not Explain Wages

As long as we believe the neoclassical farce, we will know nothing about what causes prices.

Blair Fix

The #MMT Case for Progressive Taxes

If you’re looking to save the planet and deliver inclusive prosperity, it’s crazy to rely on deficit spending alone.

Steve Roth

How a Decade of Crisis Changed Economics

If we want to change the economics profession, we need to start changing the world.

J. W. Mason

Why Wealth Is Determined More by Power Than Productivity

Analyzing power beyond the narrow concept of ‘market power’ is essential.

Laurie Macfarlane

Four Definitions of Money. All Correct.

Understanding what we mean by the most important word in economics.

Steve Roth

Three Cheers for Financial Repression

Truth told, it’s more like financial liberation.

Tom Streithorst

Monopoly Now Wants You to Cheat—Just Like Real Capitalists

America’s favorite board game is reflecting the economy we live in.

Nick Cassella

Most ‘Wealth’ Isn’t the Result of Hard Work. It Has Been Accumulated by Being Idle and Unproductive.

It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory.

Laurie Macfarlane

If You Look Behind Neoliberal Economists, You’ll Discover the Rich: How Economic Theories Serve Big Business

The road to serfdom – sponsored by big business

Dániel Oláh

Insanely Concentrated Wealth Is Strangling Our Prosperity

Today’s mountains of wealth throttle the very engine of wealth creation itself.

Steve Roth

How the Economics Profession Is Coming to Terms with Its Role in the Great Financial Crisis

It’s time for mainstream economists to relax the defenses and open up a little.

David Orrell

How to Use Fiscal and Monetary Policy to Make Us Rich Again

The easiest way to return to Golden Age tranquility and equality is to empower fiscal policy.

Tom Streithorst

The New Normal: Radical Inequality, Suffocating Debt, and Growing Job Uncertainty

Demand, secular stagnation and the vanishing middle-class.

Servaas Storm

Why Economists Have to Embrace Complexity to Avoid Disaster

Microeconomics, macroeconomics and complexity

Steve Keen

The Fading American Dream: Declining Mobility and Increasing Inequality

Absolute mobility has declined sharply in US because of the growth in inequality

Raj Chetty

New Economics Says Prosperity Doesn’t Trickle Down. It Comes from the Middle-Out

Properly understood, the middle class is the source of all growth and prosperity in a modern technological economy.

Nick Hanauer, David Rolf

They Just Get Bigger: How Corporate Mergers Strangle the Economy

Corporate mergers kill competition and cause economic stagnation

Jordan Brennan

Universal Basic Income Accelerates Innovation by Reducing Our Fear of Failure

Failure is not an option. Failure is the goal. And fear of failure is the enemy.

Scott Santens

How Science Can Decode the Laws of History and Predict US Political Violence

Revolution and war: is it all just a little bit of history repeating?

Peter Turchin

The Real “Takers” in America: The Unproductive, Rent-Extracting Rich

Productive Americans of center, left and right, unite!

Michael Lind

How New Keynesian Economics Betrays Keynes

Classicals, Keynesians, and Bastard Keynesians

Roger Farmer

Why Economists Don’t Know How to Think About Wealth (or Profits)

Until 2006, they quite literally weren’t playing with a full (accounting) deck. Most still aren’t.

Steve Roth

The Trump Tax Cut versus Universal Basic Income

UBI solves the fundamental problem of modern capitalism, lack of demand

Tom Streithorst

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