Archive

Conventional wisdom asserts that American politics is becoming more and more tribal. But the chiefs of the tribes share a lot in common: dependence on big money.

Contrary to the dominant media narrative, social issues like racism and sexism on their own can’t explain Trump’s success.

The current international monetary system is costly, unfair, and risky. “Economic nationalism” and deregulation in the U.S. will make it worse. A multilateral alternative is needed.

To connect across difference is the only thing that will save us from rule by the privileged few.

William Lazonick has shown how the doctrine of “shareholder value” has hurt wages in the United States. But in Latin America, where family corporations dominate, the story is more complicated.

Reactions to the size of the proposed plan rely on discredited assumptions and betray a fundamental misunderstanding of economic growth—and austerity 

Economists who dismiss inequality as a problem secondary to poverty miss the point: Inequality is part of what drives poverty

Getting published in a top five economics journal is a near-requirement for tenure. But it’s a poor measure of research quality within a system that punishes creativity.

Ten years after the crisis, financial regulation leaves taxpayers holding the bag for banks’ safety net.

A Nobel Prize-winning economist and the second-most-famous democratic socialist in America sit down together

After Sweden’s elections, a look at how immigration and economics explain a political puzzle

Back in 2008, a critical opportunity was missed when the burden of post-crisis adjustment was tilted heavily in favor of creditors relative to debtors. The result was not only prolonged stagnation, but also the Republican Party’s embrace of demagogic populism and the election of Donald Trump.

A financial industry safety net enriches bankers and their shareholders — at our expense

Ten years after Lehman Brothers’ collapse, the Wall Street casino is running amok

Distracted by the perceived threat of a Chinese savings glut, mainstream macroeconomists missed the writing on the wall of the 2008 crisis