Archive

Central bankers pursue a “neutral” rate that doesn’t exist

U.S. GDP accounting underestimates intangible capital, overstates financial capital, and is all but oblivious to the the erosion of human and social capital. A serious growth slowdown is coming.

Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.

America’s new “philanthrocapitalists” are enabling social problems rather than solving them

Wishful thinking and tinkering won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe.

Hope for mitigating climate catastrophe may not be lost, but the scale of political change needed is no cause for optimism

A response to economists who doubt our capacity to decarbonize while maintaining robust growth

Market tweaks and incentives won’t save us from climate catastrophe. Only radical policy change will.

The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action is needed

A new report shows an economically viable path to net-zero CO2 emissions in key industries by 2060

Prejudice and collusion, not simply research quality, drive journal citations

Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.

Instead of rewarding the taxpayers and employees who actually create value for the tech giant, Apple is doling out massive stock buybacks

António Guterres and CGET Commissioners discuss cooperating on inequality, climate change, multilateralism, and more

Adolph Reed, who researches race and politics, warns that “identitarian” politics can conceal the structural inequities of capitalism