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Rob Johnson is not your average economist, and this is not your average economics podcast.

Judge Richard Posner and Michael Sandel debate the moral limits of markets

The current crisis is the culmination of a process of integration that has profoundly changed the structure of each member state, their inter-relations and their power relations. One of its side effects was the rediscovery of the terms ‘centre’ and ‘periphery’ to analyse the economic situations of the European countries.

Scottish First Minister Nicola Sturgeon quoted by Bloomberg at INET’s Reawakening conference in Edinburgh

How does economic theory match up with reality?

Motivated by the long-standing debate on the pros and cons of competitive devaluation, we propose a new perspective on how monetary and exchange rate policies can contribute to a country’s international competitiveness. We refocus the analysis on the implications of monetary stabilization for a country’s comparative advantage.

Budget cuts can be dangerous. Inspired by the wrenching experience in Greece, increasing attention is now being paid to the fact that austerity may fail to reduce the government deficit if the economy declines in response, as is likely in a liquidity trap (Delong and Summers 2012).

Increased hospital system consolidation in small Metropolitan Statistical Areas is adversely related to nurse wage growth.

The conventional measures of economic well-being are dangerously limited, and we are seeing the resulting policy consequences play out daily.

Lynn Parramore discusses her INET article on neoliberalism and mental health with The Healthcare Policy Podcast

How do we make economic development work for everyone?

“If you want to make the world a more equal place, you need to understand the tools.”

The debt-growth relationship is complex, varying across countries and being affected by global factors. While there is no simple universal threshold above which debt-to-GDP becomes a significant brake on growth, based on data from the last four decades we show that high and rising public debt burdens slow down growth in the long term.

“Economist Steve Keen specializes in researching how private and public debt mountains arise and generate financial crises. In an interview with DW, he explains how the ECB could solve the problem — but probably won’t.”

Matheus Grasselli discusses how the use of advanced mathematics in economics enables innovative new thinking.