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“The Failure of Democracy” – “The weaknesses of Weimar” Do headlines such as these suggest that the whole architecture of the first German republic was wrong, that it was doomed right from the start, that the “collapse” was unavoidable?

How we can create useful economic theory that recognizes that the future is radically uncertain?

This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century.

The path to holding fossil fuel producers accountable for climate change & climate damages 

The Death of the Seventy-year American Empire  

This paper discusses what we have learned about the debt build-up in advanced societies over the past century. It shows that the extraordinary growth of aggregate debt in the past century was driven by the private sector.

The contemporary literature on neoliberalism has grown so large as to be unwieldy. For some on the left, this has presented an occasion to denounce it altogether.

Is Comparative Advantage the Ideology of the Comparatively Advantaged? 

What can policy do to remedy the spread of dual economies in the developed world?

The Electoral Consequences of Rising Trade Exposure

Long term labor shortages do not happen naturally in market economies. That is not to say that they don’t exist. They are created when employers or government agencies tamper with the natural functioning of the wage mechanism.