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Regardless of what Trump says, the economic pain of the pandemic isn’t going anywhere

Behind towering figures like Rosa Parks and Martin Luther King, Jr. were the taxi dispatchers, pharmacists, grocers, and other small business owners who were instrumental in making civil rights a reality.

INET Executive Director Robert Johnson delivered a keynote address at the OECD Forum in Paristoday.

A federal government guarantee or 100% reserve banking? Which is better?

The “dean of short sellers” says bitcoin is the last thing he’d want to own in the event of a catastrophe.

The Calamity of Germany’s Distorted Perception of Italy

The Institute for New Economic Thinking held its second annual plenary conference in Bretton Woods, New Hampshire.

In the aftermath of the global financial crisis, few would dispute the risks of excessive borrowing. But which debts should one worry about – public or private? This column presents new research on the interplay of public and private debts since 1870 in 17 advanced economies. History demonstrates that excessive private-sector borrowing plays a greater role than fiscal profligacy in generating financial instability. However, when the credit boom collapses, the government’s capacity to alleviate the downturn is limited by the prevailing level of public debt.

Incomes Destroyed at the Bottom, Profits Supported at the Top

What are the long-term problems that need to be addressed and what solutions are out there?

Students in Europe have created an important resource for those seeking alternative curricular materials

Mott walks us through answers many careful readers of Kalecki, Keynes, Steindl, and Minsky knew all along.