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Extract from the keynote speech by the Rev. Dr. William Barber III at the Institute for New Economic Thinking conference on race and economics in Detroit on November 11

I cannot resist but to start quoting Mary Morgan’s second entry to the second edition of the New Palgrave: “Modeling became the dominant methodology of economics during the 20th century.”

Saving the (International) Dollar

Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid - but will that fly among Trump supporters?

Discussion of the results of the ECB’s LTRO2 has revolved around the question of hoarding, specifically whether banks are using the newly-created reserves to fund new lending.

US counties with prison labor often have lower wage and employment growth

As Chair of the Senate Budget Committee, Bernie Sanders can force votes on Medicare for All and cuts to the military budget. He will face opposition from the GOP and within the Democratic Party. Rob Johnson was a Senior Economist for the Budget Committee and Chief Economist for the Senate Banking Committee. He joins Paul Jay on theAnalysis.news podcast.

The Eurocrisis has many dimensions—bank solvency crisis, sovereign debt crisis, political unity crisis, and economic/unemployment crisis—but time after time it has been the liquidity crisis dimension driving events, and ECB response to the liquidity crisis driving institutional evolution. The reason is simple. Liquidity kills you quick.

A week ago, Mark Carney, chairman of the Financial Stability Board, warned of emerging global consequences of the escalating eurozone crisis.

Grand Bargain at last?

Exit Strategies and the New Normal

Before the dollar there was the pound, and after the dollar there will be something else.

Why Pushing on a String Has Never Worked

Affordability of electricity and concerns about fossil fuel pollution, water resources, and job loss, have driven a rebellion against data centers that is both grassroots and bipartisan. It’s time for cleaner, faster and cheaper solutions.