Matías Vernengo on MMT in the Periphery
Modern Monetary Theory (MMT) is gaining traction among progressives as an option for paying for massive govern
Fiscal Policy
What Marxist Tax Policies Actually Look Like
By David Ireland, ‘Marx on tax’ as an effective antidote to inequality is an overlooked theme within his own outp
An Affordable Job Guarantee Program lecture by Fadhel Kaboub
[youtube https://www.youtube.com/watch?v=aIypDUVxGb8&w=640&h=360] Fadhel Kaboub is Associate Profe
The French Economy, European Authorities, and the IMF: “Structural Reform” or Increasing Employment?
By Mark Weisbrot, Lara Merling, Alexander Main, and David Rosnick: This paper looks at two competing views among econo
The Rise of the American Bond-holding Class
By Sandy Brian Hager, The history of class conflict, power and inequality in the United States has always been intimate
New Book by Steve Keen: Can We Avoid Another Financial Crisis?
From Polity (to be released April 2017): The Financial Crash that convulsed the world in 2008 had cataclysmic effects o
Bill Clinton’s Surplus: Not Something to Celebrate
[youtube https://www.youtube.com/watch?v=m8LHjdgHFpc&w=560&h=315] This video is from Eric Tymoigne’
EPI: A Social Democratic Public Investment Agenda for the USA
By Josh Bivens and Hunter Blair A welcome theme in the 2016 presidential election was a commitment to increasing public
New Working Paper – Explaining the Euro crisis: Current account imbalances, credit booms and economic policy in different economic paradigms
By Engelbert Stockhammer, Collin Constantine, & Severin Reissl From the abstract: The paper proposes a post-Key
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
New Book: Megacity Malaise, by Carlo Fanelli
From Fernwood Publishing: Megacity Malaise documents how municipal governance, labour-management relations and p
Prabhat Patnaik on Why Do We Have Unemployment?
By Prabhat Patnaik Unemployment has become so persistent a phenomenon in contemporary times that there is a common fee
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
A Brief Sketch of the Classical-Keynesian Perspective
By David M. Fields From a Classical-Keynesian perspective (Bortis, 1997, 2003), rates of interest regulate rates of p
YSI Workshop @ 2016 ECLAC Summer School on Latin American Economies
The YSI Latin America Working Group is hosting a workshop at the ECLAC/UN Summer School on Latin American economies. Th
New Book: Rethinking Economic Policy for Social Justice – The radical potential of human rights
From Routledge. By Radhika Balakrishnan, James Heintz, & Diane Elson The dominant approach to economic policy ha
New PERI Paper by Robert Pollin et. al: The Revenue Potential of a Financial Transaction Tax for U.S. Financial Markets
By Robert Pollin, James Heintz, & Thomas Herndon From the abstract: This paper estimates the revenue potential of
Gerald Friedman Responds to the Romers on the Sanders Plan: Different Models, Different Politics
By Gerald Friedman, Professor of Economics, University of Massachusetts at Amherst Differences between my evaluati
Uncovering the Bad Math and Logic (and the Bias) at the New York Times
By James Sherman “The point of studying economics is so as not to be fooled by economists.” – Joan Ro