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Journal rankings are a rigged game. The blacklist of history of economic thought journals isn’t a fluke nor a conspiracy—it exposes how citation rankings really work

We show how every stock-flow consistent model of the macroeconomy can be represented as a directed acyclic graph.

Recent weeks have surfaced an intense exchange of top-level finger pointing, both between Congress and the leadership of the Federal Reserve System, between Fed officials and executives in the private sector and within the Fed between the Board of Governors and the New York Reserve Bank.

Expert warns that it could be a race against the clock as the fast-spreading B117 variant picks up steam in the U.S.

In the 40th anniversary year of John Kenneth Galbraith’s Age of Uncertainty, the 1970s look remarkably stable in comparison with today’s turbulent world 

The following text was sent to us by Roger Backhouse and Bradley Bateman, we reproduce it in its entirety.

Can the renminbi displace the dollar as the world’s international money?

Our welfare depends not only on our actual consumption, but also on alternate choices wedid not make.

Last weekend, I was in Tübingen - very close to my home town: the same smell, the same surreal Swabian idyll that makes you think of Hölderlin and Hesse rather than DSGE.

In a recent interview at the INET offices in New York, Anwar Shaikh provided a background to the work and his life in this quest.

Jan Kregel on the Continuing Risk of Derivatives

With the collapse of Lehman Brothers in September 2008, a crisis in part driven by derivatives on subprime mortgages, a seemingly obscure sector of the financial market help fuel the worst economic crisis since the Great Depression.

Two FT pieces by Tracy Alloway caught my eye this week: this article from Tuesday’s print edition, and this post on Alphaville today.

Current tests for mergers are in practice deeply flawed.