The dismal science

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Inflation in the Aftermath of Wars and Pandemics

Published by Anonymous (not verified) on Thu, 15/04/2021 - 11:55pm in

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.

What is the Bullshit Economy?

Published by Anonymous (not verified) on Tue, 13/04/2021 - 7:00pm in

Establishing some first principles of the bullshit economy.

The ‘Roaring Twenties’ and Covid Recovery: Revisiting the Evidence for Europe

Published by Anonymous (not verified) on Sat, 03/04/2021 - 12:55am in

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.

Published by Anonymous (not verified) on Wed, 31/03/2021 - 9:37pm in

History shows robust antitrust enforcement helps promote a prosperous, fair, and balanced economy.

Austerity Raises Covid Deaths

Published by Anonymous (not verified) on Mon, 29/03/2021 - 3:51pm in

Mortality and economic data show that stingy government spending and resistance to redistrbution have increased Covid health costs.

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.