The dismal science
Inflation in the Aftermath of Wars and Pandemics
Challenging the conventional wisdom that government responses to Covid will generate inflation.
Michael Hudson: America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism
Further discussion of the American and Chinese economic models, focusing on financialization as a central distinction.
The ‘Roaring Twenties’ and Covid Recovery: Revisiting the Evidence for Europe
Are the Roaring Twenties an analogue for what a post Covid economy would look like?
Chicago School Economists Got it Wrong. Strong Antitrust Policy Boosts the Economy.
History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy.
Austerity Raises Covid Deaths
Mortality and economic data show that stingy government spending and resistance to redistrbution have increased Covid health costs.
Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future, or A Short Ideological History of the Suez Canal
Why it's socialists' fault that that big ship is stuck in the Suez.
Scoring the $1.9 Trillion Stimulus Plan and Earlier Covid Relief Programs
How to do a better job of getting relief to those who need it.
The Full Case Against Ultra Low and Negative Interest Rates
Why unprecedentedly low and negative nterest rates will probably not stimulate demand and may even threaten financial stability.
The Long Term Damage of Economic Downturns
As the well off sail on, either unaffected by or profiting from Covid's impact, for many, the economic damage is severe and lasting.