Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?
Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.
The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.
Harvard's Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw's textbooks.
An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Larry Summers is at it again.
Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.
Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.
Money, lending, government spending, QE....all explained in one tidy post!