Dean Baker: Fed Inflation Target Keeping Wages Low, People Out of Jobs
[youtube https://www.youtube.com/watch?v=Wdt37_nRgKg&w=760&h=500]
Fed Raising Interest Rates is Unwelcome and Unnecessary
By Thomas Palley Cross-posted from the AFL-CIO economy blog. Wednesday’s decision by the Federal Reserve to raise in
J.W. Mason on functional vs. conventional finance
By J.W. Mason, One pole of current debates about U.S. fiscal policy is occupied by the “functional finance” position—t
Gerald Epstein on Paul Krugman Crossing the Line
By Gerald Epstein Originally posted at Triple Crisis. In his recent New York Times opinion column, “Sanders Over the
A Short Account of the Rise of Neoliberalism
By David M. Fields Between roughly the early 1940’s and early 1970’s, the financial architecture of the w
The Unemployment Rate and the Unemployed
By Paddy Quick The monthly reports on the “Employment Situation” issued by the Bureau of Labor Statistics, most recent
Graph/Table of the Week: Bernanke's Fed and Yellen's choices
So the whole discussion now is when, not whether, will Yellen increase the interest rate. Pressure is for her to do it soo