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Podcasts
Peter Temin: Black and White America Always on Separate Trajectories
May 5, 2022
MIT economic historian Peter Temin discusses his new INET-CUP book, Never Together: The Economic History of a Segregated America, in which he shows how efforts to bridge the gap between races were always undermined, resulting in constant economic hardship for Black people.
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Article
Summers and the Road to Damascus
Sep 3, 2019
Why Pushing on a String Has Never Worked
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Article
A Big Fiscal Push is Urgent, The Risk of Overheating Is Small
Mar 2, 2021
The $1.9 trillion stimulus should be large because the need is large
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Article
Education of a Grandmaster
Jan 28, 2026
Kenneth Rogoff, Our Dollar, Your Problem: An Insider’s View of Seven Turbulent Decades of Global Finance, and the Road Ahead. Yale 2025.
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Article
Diversity and Excellence: Not A Zero Sum Game
Mar 11, 2019
As young scholars, we have formulated a new plan for fostering diversity in both identity and scholarly thinking in economics—preconditions for academic rigor.
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Article
The COVID-19 Recession: Unprecedented Collapse and the Need for Macro Policy
Mar 26, 2020
Effective and quick federal policy response is critical to create conditions for a quick recovery.
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Article
In Italy and Elsewhere, Expansionary Public Spending is Key to Recovery from Covid-19
Apr 7, 2020
Austerity policies will slow recovery and should be rejected
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Article
Collateral Damage From Higher Interest Rates
Nov 5, 2022
Why to Be Wary of Another Volcker-Type Monetary Tightening
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Article
New CDC Guidelines to Reopen Schools Could be Dangerous
Mar 19, 2021
School re-opening push based on outdated science is poorly timed in face of coronavirus resurgence
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Article
Some Considerations on ‘Rationality’
Oct 5, 2012
In this post, I would like to explore the views of preferences and behavior outlined in MWG Ch.1, and specifically the view of rationality developed in this first chapter.
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Article
Blanchard, the NAIRU, and Economic Policy in the Eurozone
Mar 31, 2016
A recent policy brief by Blanchard (2016), based on an earlier paper (Blanchard, Cerutti, Summers 2015) raises a number of interesting points concerning the NAIRU and the Phillips Curve, which are further discussed in the comment on the paper by Ball (2015).
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Article
Charles Kindleberger, the Dollar System, and Financial Crises
Feb 17, 2025
A review of Perry Mehrling’s book, Money and Empire: Charles P. Kindleberger and the Dollar System, and an exploration Mehrling’s discussion of the 1982 correspondence between Charles Kindleberger and Ben Bernanke examining their theories concerning financial crises.
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Podcasts
Dina Srinivasan: Tech Monopolies Need to Be Broken Up
Jan 28, 2021
Digital technology researcher and lawyer Dina Srinivasan discusses the ways in which digital tech companies such as Facebook and Google take advantage of their monopoly positions to the detriment of competition and of the public.
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Article
Rethinking Macroeconomic Theory Before the Next Crisis
Sep 23, 2016
While many countries throughout the world have faced severe financial crises over the last decades, and while the Japanese stagnation and the 1997 Asian financial crisis did induce some additional interest for the introduction of banking and finance in macroeconomic theory, it is only with the advent of the US subprime financial crisis that macroeconomic and monetary theories put forward by mainstream economists have started to be questioned.
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Article
The Fed Tackles Kalecki
Jun 30, 2022
Ratner and Sim’s “Who Killed the Phillips Curve – A Murder Mystery”