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Search Results for: inflation
The Eurozone’s “Nascent” Recovery
By William K. Black On January 19, 2014 I posted a column entitled “Deflation: The Failed Macroeconomic Paradigm Plumbs New Depths of Self-Parody” that discussed the insanity of the Eurozone’s approach to “the threat of deflation.” The EU’s troika cannot … Continue reading
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Warren Mosler’s talk in Chianciano, Italy, January 11, 2014
By Alexandria J E Angus Warren Mosler gave this talk in Chianciano, Italy, on January 11, 2014 at the Chianciano Conference entitled Oltre L’Euro: La Sinistra. La Crisi. L’Alternativa. In English: Beyond The Euro: The Left. The Crisis. The Alternative … Continue reading
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More Tropes of the New Populism
By Joe Firestone The New Populism, if it exists, and isn’t just a creation of Washington villagers wanting to give an attractive name to the new feint of the Administration toward the progressive base of the Democratic Party, can be … Continue reading
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Posted in Joe Firestone
Tagged Borosage, industrial policy, platinum coin seigniorage, Taxing the rich, The New Populism
Spain Rains on Rehn’s Austerity Victory Parade: Unemployment Rises to 26%
By William K. Black Two articles that should be read by anyone interested in the global financial crisis have just been published. They address Spain. Spain tends to get far less coverage in the U.S. than Ireland and Greece, but … Continue reading
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Let’s End Politico and Deal Book’s “Competition in Sycophancy”
By William K. Black Politico has joined Deal Book in a “competition in sycophancy.” The contestants are competing to see which can author the most extreme version of a fantasy meme in which heroic Wall Street “banks” are oppressed by … Continue reading
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Deflation: The Failed Macroeconomic Paradigm Plumbs New Depths of Self-Parody
By William K. Black Patient bleeding out? Don’t treat the bleed; keep the crash cart nearby Imagine you were a doctor in the ER when a patient was brought in presenting symptoms indicating a likely internal bleed. Here are the … Continue reading
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GROWING RECOGNITION OF THE NEED FOR THE JOB GUARANTEE
By L. Randall Wray In recent weeks the Job Guarantee proposal has gained supporters, and the arguments for an increased government role in ensuring full employment have become stronger. (See here, here, and here.) In this piece, I examine why. Bear with … Continue reading
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16 Reasons Matt Yglesias is Wrong about the Job Guarantee vs. Basic Income
By Pavlina Tcherneva Slate’s Matt Yglesias is out with another caricature of post on the Job Guarantee (JG) and, guess what? He still doesn’t like what he sees. He’s all for guaranteeing income to people who can’t find jobs, but … Continue reading
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Dazed and Confused: Matt Yglesias on the Job Guarantee
By Pavlina Tcherneva Matt Yglesias has written a post that has the words ‘Job Guarantee’ (JG) in the title but has nothing to do with the actual JG proposal. He begins by asking readers to imagine that: “…instead of handing … Continue reading
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The Icelandic Chutzpah Prize is Retired: Portes and Baldursson Win by Losing
By William K. Black (Cross posted at Benzinga.com) Portes as the poster child for the failure of econometrics and neoclassical dogma Richard Portes is the economist that the U.K.’s neoclassical economists chose to be their representative. They consider him to … Continue reading
