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The current international monetary system is costly, unfair, and risky. “Economic nationalism” and deregulation in the U.S. will make it worse. A multilateral alternative is needed.

Money in politics is not a strictly American phenomenon. In France, despite strong campaign finance laws, campaign donations have a direct influence on legislative and municipal election results.

The project provides new ideas and policy proposals to contain the spread of systemic risk in the financial system through appropriate regulation of financial markets and intermediaries, as well as the design of monetary policy.

Post-Chicago Economists vs. New Brandeisians on the New Merger Guidelines

Instead of rewarding the taxpayers and employees who actually create value for the tech giant, Apple is doling out massive stock buybacks

Central to John Maynard Keynes (1941) original Bretton Woods proposal was an international clearing union that would issue a new international currency by fiat called bancor. Among other functions, this international central bank would finance the stabilization of individual commodity prices through commodity buffer stocks.

A critical reappraisal of the case in favor of monetary tightening pressed by inflation hawks is overdue.

The current paper returns to the key questions of wages and incomes and how wealth effects cripple reliance on interest rates to control inflation.

The United States economy has come apart, with the rich getting richer and workers’ incomes not advancing at all.

The idea is finally catching on, but many still miss how deeply it’s driving inflation, masking wage losses, and complicating recovery.

Any use of money-financed fiscal expansion as a policy tool will require rules to ensure discipline and avoid excess

The financial crisis of 2008 was not a run of the mill recession.

Are there alternative, less socially costly, ways to bring inflation down?

Like the Great Depression and the stagflation of the ’70s, the anemic growth of the U.S. economy can’t be understood or remedied without changes in economists’ thinking