Archive
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Article
After Poland’s Elections: Democracy and Keynesianism?
Oct 16, 2023
In accepting mass unemployment, post-communist governments and the democratic parties that constituted them removed the economic foundation for Poland’s democracy.
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Article
In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023
Oct 9, 2023
The impenetrability of this continuously expanding Ptolemaic New Keynesian paradigm is maddening
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Article
Antitrust Enforcement in the Crosshairs
Oct 6, 2023
Post-Chicago Economists vs. New Brandeisians on the New Merger Guidelines
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Article
What the UAW and Everyone Else Need to Know About CEO Pay
Oct 2, 2023
What is GM CEO Mary Barra’s take-home pay? (It’s more than you are being told)
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Article
Everyone Versus Google: Will Big Tech Be Held Accountable?
Sep 28, 2023
The tech giant is in the hot seat, but it’s going to be a “big fight,” warns antitrust expert Mark Glick.
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Article
Is Too Big to Fail Over?
Sep 22, 2023
We have made progress but not enough to forestall crises
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Article
Creating the Post-2008 Global Safety Net: Fed Precedents, Instruments, and Targets
Sep 18, 2023
The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies
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Article
Reflections on the 15th Anniversary of the Lehman Brothers Failure
Sep 15, 2023
What lessons need to be drawn on this anniversary?
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Article
What Has the World Learned from COVID-19? So Far, Not Nearly Enough
Sep 12, 2023
By all accounts infection rates have ebbed. But were we good or were we lucky?
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Article
How Shareholder Value Fixation Turns AI and Robotics into a Recipe for Failure
Sep 11, 2023
New technologies are not the problem. It’s a system distorted by a flawed ideology.
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Article
Postscript: A Further Look at ProMarket’s Economics
Sep 8, 2023
ProMarket’s new “Addendum to Retraction,” written it appears in response to our recent INET post, doubles down on its critique of our piece which showed that it is feasible for increased output to lead to reduced welfare. The ProMarket addendum is notable for its economic errors.*
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Article
The Mythology of Horizontal Merger Efficiencies
Aug 31, 2023
Economists had to distort economic theory to fashion their merger “efficiency” arguments
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Article
Labor Economist: AI May Bring a Boom in Horrible Jobs
Aug 28, 2023
Losing jobs isn’t the only thing workers have to worry about. AI may make many jobs worse.
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Article
The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Aug 21, 2023
Stock buybacks as a mode of predatory value extraction
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Article
Now You See It, Now You Don’t: Antitrust Arguments “Chicago Style”
Aug 17, 2023
ProMarket and the Consumer Welfare Standard An output increase is not sufficient to increase welfare. Allocation—how goods are distributed—matters.