“… the fundamental law of capitalism must be: If workers have more money, businesses have more customers.” Nick Hanauer Keynes wrote that insufficient effective demand...
Lance Roberts has a piece called Not Seeing Signs of Market Exuberance? Look Closer. He talks about the psychology of gamblers to expect winning even...
In a piece yesterday called High Asset Prices, the Savings Glut, Secular Stagnation, and Unemployment, Dean Baker wrote… “The idea that the economy could be subject...
by Barkley Rosser at Econospeak The Wannabe Caliphate Openly Declares Itself So I earlier argued here that ISIS(ISIL) or DAEESH was not yet claiming itself...
I was not surprised to learn that conservatives assert that the recent increase in the growth of employment and reduction in unemployment are due to...
There are what I perceived as problems with the Brookings Study. Just one example: they base much of their analyses upon “lifetime earnings associated with...