Macroeconomic policy
What Can Sanders Do as Budget Chair? – Rob Johnson
Sanders is about to have considerable influence on spending priorities. Where and how does he have leverage?
Rise of the Superstar Firms: Taking Oligopoly Seriously in Macroeconomics
Quelle surprise! Only now that EU and US officials are up in arms about monopolies are macroeconomics pros taking it seriously.
The American Rescue Act: Do Whatever It Takes
The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.
Best of Mankiw: Errors and Tangles in the World’s Best-Selling Economics Textbooks
Harvard's Greg Mankiw is taken to task by Serious Economist Peter Bofinger for some major howlers in Mankiw's textbooks.
A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar
An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.
Polarization, Then a Crash: Michael Hudson on the Rentier Economy
Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)
Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.
Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.
Macroeconomics, Money (MMT Style) and Post-Brexit Recovery, All in One Twitter thread
Money, lending, government spending, QE....all explained in one tidy post!