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The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

Is it good for your wallet? A climate bill in disguise? Landmark action or nothingburger? Economic experts assess the Democrats’ legislative victory for the Institute for New Economic Thinking.

Epstein discusses financial reform, central banking, and how the FED actually contributed to economic inequality.

Ten years ago, the financial crisis washed away faith and trust in economics as a guide to social prosperity. Filling a void is difficult. We are still hard at work. 

While waiting for TALF

Austerity for ordinary citizens and bank rescues for the affluent is a toxic mix

Inadequate demand and climate change require a global green new deal

It was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

Storm argues the AI data-centre investment boom is creating a bubble that will be socially and financially expensive when it pops.

INET explores how technological and economic changes are affecting employment

Adam Tooze, director of Columbia University’s European Institute, discusses his new book with Rob Johnson.

The Romer/Romer letter to Professor Gerald Friedman marks a turning point. It concedes that there are indeed important issues at stake when evaluating the proposed economic policies of Presidential Candidate Bernie Sanders. These issues go beyond the political debate and should be discussed seriously between and among professional economists.

The failure of Lehman Brothers on 15 September 2008 marked the beginning of the end of the world’s love affair with financialization.

Further Thoughts

To understand the rise of the League and 5 Star Movement, look at economic indicators