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Lance Taylor provides a second and final response to Andrew Smithers’ criticism of his working paper on the role of the “Global Savings Glut”

Mainstream economics ignores historical and structural factors by design

To fulfill MLK’s vision of jobs and freedom for Black Americans, Washington must rein in corporate greed

Oral contraception created a population that, today, is disproportionately inclined to save, resulting in low to negative real interest rates. Excess eurozone savings can only be accomodated by raising sovereign debt levels

The soaring costs of city life appear to be sending urban voters toward progressive leaders who promise relief, both in the U.S. and globally.

Sen. Markey’s “Steward Healthcare Report” Washington Post

In a political system whose primary currency is not the vote but the dollar, McConnell’s role as leader has plainly been well-earned.

A new model probes why the US leads the world in jailing and imprisoning people, and what it will take to reverse course

The course explores how money markets they work, in the U.S. and internationally.

A few weeks ago, I attended the H2S 4th workshop on “Cross disciplinary ventures in postwar American Social Sciences,” (research program outline here).

The financialization of U.S. firms making critical products endangers both American global leadership and, in Tesla’s case, climate change progress.

As the pace of financial crises quickens and the volatility of economic shocks intensifies, we need new ways to understand and respond to instability. This program coordinates our research efforts on finance, macroeconomics, and monetary economics.

The Haas Institute for a Fair and Inclusive Society’s report analyzes the Trans-Pacific Partnership and examines the widespread global implications in the event of its passage.

Economist James K. Boyce explains how to fight climate change and rising income inequality in one shot

The degree to which economics is isolated from the ordinary business of life is extraordinary and unfortunate.