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Trying to predict the financial future is a fool’s errand, even for a genius

Inflation persists not just because of spending or interest rates, but because underlying social conflicts over income, expectations, and power remain unresolved.

Once again, income earned by the many is used to save the wealth of the few.

Globalization has fallen into disrepute; the myth of the prosperity and happiness-generating  free market has been dispelled. A visionary concept that provides guidance and direction is required now.

In the following conversation, law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking

Tim O’Reilly, the founder of O’Reilly Media and author of the book, What’s the Future?, talks about how new technology can either be considered a scapegoat or a mirror and what this means for our future.

The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.

How Investor-owned Physician Practices Are Driving up Healthcare Costs

Setting the record straight and identifying less destructive pathways forward than round after round of interest rate increases.

The Fed is taking an aggressive approach to put out the economic fires of the pandemic. But it needs to allow for flexibility as some business models irreparably change.

The effect of monetary policy on the functional distribution of income

U.S. GDP accounting underestimates intangible capital, overstates financial capital, and is all but oblivious to the the erosion of human and social capital. A serious growth slowdown is coming.

Gerald Friedman responds to the Romers on the Sanders Plan.

Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.

Contrary to what many economic models suggest, salaries aren’t constantly recalibrated based on skills or technology. They follow the economy and politics—and common sense: hire when needed, promote from within, and slow hiring when budgets tighten.