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“I believe they mostly got this right. Just before President Biden took office, I presented some thoughts on what a rescue plan should include to deal with the macroeconomic challenges of the pandemic. I emphasized four broad areas: public health spending, enhanced unemployment benefits, assistance to state and local governments, and so-called “stimulus checks” to households. The legislation the president has signed does a pretty good job in all four areas.” — Sara Savat, Washington University News Room

“Ferguson, whose research has shown that candidates who raise more money stand a much greater chance of winning election, added that “when you get that much money pouring into the election, it means that you have all these investors who decide which election is ‘worth it’ and that tends to pull even liberal democrats to the right. It is a somewhat subtle effect but a very real one and clearly an anti-democratic consequence of the system.” — Andrew Kennis

“Structural analysis to uncover global trends is what Goodhart and Pradhan’s book does. I’m not sure I completely recommend it, as it gets a little technical in spots, but I certainly recommend learning more about their analysis. (You can hear them interviewed in the podcast, “Economics & Beyond with Rob Johnson.”)” — William Watson

Susan Piver—a writer on meditation and Buddhist teachings and founder of the Open Heart Project—talks to Rob about how Buddhist ideas of being grounded in the present can help us get through the uncertain times of this pandemic.

“The landscape of EM has consolidated into a few corporate conglomerates, which are oligarchies with iron grips on contracts through noncompetitive or illegal collusions with large hospital systems in the form of kickbacks. (Institute for New Economic Thinking. March 15, 2020; https://bit.ly/34fLeMD.) This has effectively castrated any hope for independent practices to thrive and injected many wrongful consequences into EM.” — Rizvi, Saba MD, Emergency Medical News

Gaël Giraud, founder and leader of the Georgetown University Center for Environmental Justice, talks to Rob Johnson about how liberal democracies will fare in facing the pandemic, whether we could see a rise in authoritarian governments, and why economics needs to take climate change into account

Universal Basic Income is gaining in popularity, among socialists and libertarians alike. But when it comes to implementation, the devil is in the details.

A discussion on Brexit with Iain Begg, Professorial Research Fellow at the European Institute, London School of Economics.

Professor Marlene Kim provided a riveting picture, via her personal family history of the exploitation of the Asian-American working-class in California. She challenged the invisibility of Asian-Americans in discussions of race in America, and also focused on the double burden of discrimination borne by women of color.

The media has failed ask basic questions about the economic thinking — and business record — of Republican presidential nominee Donald Trump, says Pulitzer-prize-winning journalist David Cay Johnston, author of The Making of Donald Trump.

‘Tis the season to celebrate gift giving. But for big banks Santa Claus comes all the time, in the form of handsomely wrapped subsidies and subtly packaged regulatory nuances worth more more gold than the wildest dreams of the Three Wise Men.

The logic of deep global capitalist crises needs to be incorporated centrally into an understanding of the changes in the within-country inequality levels. I present a theoretical framework that incorporates two levels of political economic processes. First,global capitalist crises lead to the creation of an institutional structure or a regime in the capitalist centers that influences inequality in these core countries and in the periphery. Second the class configuration in the non-core countries - a set of institutional arrangements that can be termed local political economy - also plays a key role in determining inequality outcomes.

This research project formulates a new model of bounded rationality, based on the idea that agents will keep a simple, or “sparse,” model of the world.

“Failed at free enterprise? Well, try industrial policy, China style”

“So these companies have been hamstrung by these hedge fund activists that are only interested in making a buck as quickly as possible. And they really don’t care about the long-term sustainability or health of the company. Or is it anything the company might want to do in the way of making products in the future? They’re all about the short term. So they are holding American companies back.” — Lynn Parramore