Search Results for: inflation

Howard Dean Wants to Continue Austerity’s Assault on the Working Class

By William K. Black Bloomington, MN     November 28, 2016 Howard Dean was attacked by the Democratic Leadership Council (DLC) for the high crime of opposing the second President Bush’s disastrous invasion of Iraq.  While I strongly support the candidacy of … Continue reading

Krugman’s Failure to Speak Truth to Power about Austerity

By William K. Black Bloomington, MN      November 22, 2016 In the first column in this series I explained how Hillary Clinton, during the closing 40 days of her campaign, showcased repeatedly her promise to assault the working class with continuous austerity.  … Continue reading

Hillary’s Threat to Wage Continuous War on the Working Class via Austerity Proved Fatal

By William K. Black Bloomington, MN     November 22, 2016 I’ve come back recently from Kilkenny, Ireland where I participated in the seventh annual Kilkenomics – a festival of economics and comedy.  The festival is noted for people from a broad range … Continue reading

THE ECONOMIC CONSEQUENCES OF DONALD TRUMP

Pavlina R. Tcherneva Economic consequences A lot has been said already. For me, this was the culmination of a decades-long process where the Democrats sold out their progressive agenda and happily embraced the Republican’s neoliberal economic policies. For some of … Continue reading

Paid Leave and Daycare: Luxuries of the Wealthy

Originally published in The Minskys by Lara Merling The U.S. trails the rest of the world in benefits available to families. Currently, the only industrialized country that does not guarantee paid maternity leave for new mothers is the United States. … Continue reading

Debt Derangement Syndrome: Saving Our Grandkids from Wall Street

By William K. Black October 24, 2016     Quito, Ecuador Pete Peterson is back, and his message and rhetoric are always the same.  The federal budget deficit is a disaster and – any day now – will produce massive inflation.  Peterson … Continue reading

Minsky Meets Brazil Part IV

By Felipe Rezende Part IV This last part of the series (see Part I, II, and III here, here and here) will focus on the Brazilian response to the crisis. What Should Brazil do? The Brazilian current crisis fit with … Continue reading

The Charade

By J.D. ALT My last essay, “A Perfect Example,” elicited six thoughtful and compelling questions from a reader with the moniker “MadcapMongoose.” They deserve an equally thoughtful response, which I’ve been trying to formulate, off and on, these past many … Continue reading

Minsky Meets Brazil Part III

By Felipe Rezende This part of the series (see Part I and II, here and here) will focus on macroeconomic and microeconomic aspects to financial fragility and provision for liquidity. Minsky’s framework not only sheds light on how to detect … Continue reading

Money & Banking

The following posts and textbook were written to provide alternative means to understand money and banking issues. While the post have been revised and edited somewhat relative to what was written in the spring, the textbook is a much better … Continue reading