Archive

States can be sorted into two groups with statistically significantly different productivity regimes. In this sense, the US economy shows signs of dualism—which is the idea that the economy consists of heterogeneous units that exhibit different behaviors and levels of performance.

A Template to Prevent a Global Debt Crisis?

With the COVID-19 death toll rising, we should question the wisdom and morality of an IP system that silently condemns millions of human beings to suffering and death every year.

Just before the crisis, European countries were designing austerity reforms that would increase inequality and reduce internal demand. Could they return?

Researchers have shown that the financial and economic impacts of denying women abortion care can last years

Contrary to pharmaceutical company claims, revenue from high insulin prices are going to shareholders, not R&D

A call to action for a world economy in crisis

Financial industry donations to members of Congress lead to the adoption of pro-bank policies

Austerity policies will slow recovery and should be rejected

Much historical commentary emphasizes how pandemics restructure long-standing social and political arrangements. The observation applies to macroeconomics as well.

Economist Gordon Lafer describes a race against the education technology industry to do what’s right for America’s kids

The scale of firm exposure to the coronavirus is unprecedented by earlier outbreaks, spans all major economies and is pervasive across all industries

What ails the EU Green Deal is exactly what troubles the Union in general — an absence of social democracy at work

During WWII FDR mobilized private manufacturers to support the war effort. To keep Americans healthy, we need to do the same now for medical equipment

Effective and quick federal policy response is critical to create conditions for a quick recovery.