470 Results for “inflation”

Cryptocurrency was supposed to change the economic outlook for Black America. For many, it made things worse.

The theoretical approaches to analyzing crises have behind them contrasting conceptions of the way the economy works

Walker Todd and Bill Bergman expose the untold story of banking instability, regulatory battles, and the struggle to protect the public from financial chaos

A look at America’s strange and dangerous approach to medicine, and how to fix it

Axel Leijonhufvud showed economists a promising path forward. They should have taken it. Leijonhufvud passed away on May 5, 2022

Sometimes a radical path is the most practical way out of a mess.

Both before 2008 and today, there’s a disturbing tendency in Washington to not take mortgage fraud seriously

Over the next year, the Bitcoin price could double, soar tenfold, or collapse by 95% or more, and no economic analysis can help predict where in that range it will lie. Like other cryptocurrencies, Bitcoin serves no useful economic purpose, though in macroeconomic terms, such currencies probably also do little harm.

Campaign promises aside, the policies favored by President-elect Donal Trump are likely to bring more pain than gain to  working-class Americans 

How orthodox economics paved the way for the political shocks of 2016

The EU is preparing to take a tough line with Britain, in order to deter other member states from following it out of the Union. But it is the neoliberal agenda that has prevailed for last four decades, benefiting only the top 1%, that is fueled voter anger on both sides of the Atlantic.

One of the earliest attempts to tackle the problem of multiple equilibria in Macroeconomics was a byproduct of David Cass and Karl Shell’s engagement with Robert Lucas’s 1972 paper on ‘Expectations and the Neutrality of Money.’

How could reputable ratings agencies – and investment banks – misjudge things so badly?

It’s Nobel Prize time again. And what a beautiful prize this year it is!

Saving the (International) Dollar