Macroeconomic policy

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Applications for New Businesses Have a Double-WTF Moment

Published by Anonymous (not verified) on Sat, 17/04/2021 - 7:02pm in

Federal data says new businesses are being formed in droves. But PPP fraud complicates this otherwise positive picture.

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.

Lessons from the First New Deal for the Next One

Whether it is called “Build Back Better” or a Green New Deal, it is imperative to reject the false dichotomy of “jobs against climate.”

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth

Why the Government Bonds Owned by the Bank of England Are Not a Debt Burden, Even When They’re Repaid

Published by Anonymous (not verified) on Sat, 03/04/2021 - 9:18pm in

A short discussion of government bonds and what happens when a central bank holds them.

Preparing for a Wave of Non-Performing Loans: Are Banks at Risk?

Published by Anonymous (not verified) on Thu, 01/04/2021 - 6:04pm in

On a aggregate basis, EU banks appear to have enough capital to weather even a bad Covid storm. A country-by-country look tells another story.

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.

We May Be Living in a Moment of Misplaced Optimism

Published by Anonymous (not verified) on Sat, 20/03/2021 - 12:55am in

The current bout of optimism looks too close to giddy for my comfort. And yours?