Archive

Is Victorian writer Walter Bagehot, whose adage “lending freely against good collateral at a penalty rate” has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?

Canadian economist Mario Seccareccia, recipient of this year’s John Kenneth Galbraith Prize in Economics, says it’s time to reconsider the idea of full employment. He spoke to Lynn Parramore of the Institute for New Economic Thinking about why 2021 offers a rare opportunity to rebalance the economy in favor of Main Street.

The plight of white blue-collar workers is well-known, but Blacks in that category were feeling the squeeze long before their white counterparts.

Despite fear-mongering about the latest Consumer Price Index, unemployment remains elevated and stimulus is needed to prevent a collapse in demand

Ransomware gangs have been causing extensive damage. It’s time that the government takes them more seriously.

Lance Taylor’s New INET Paper

An interview with young migrants living in Mali’s capital city of Bamako

And electric vehicles don’t do a lot better

A low agreement between bibliometrics and peer review at the level of individual article indicates that metrics should not replace peer review at the level of individual article.

Restoring faith in governance and public action is itself a public good that would prepare us for a whole myriad of challenges on the horizon

Analyzing corporate conference calls reveals the way that countries perceive and spread risk through the global financial system

In 1898, upwardly mobile Blacks in Wilmington, NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow – and the next 123 years. Hardly anyone really knows about it.

Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

Unlike the Great Recession, the pandemic has hit women workers harder than men, and disproportionately hurt the job prospects of lower education workers.

The People’s Bank of China’s network of local currency swap arrangements provide Asian countries with a much-needed safety net, while also strengthening China’s diplomatic position.