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The $1.9 trillion stimulus should be large because the need is large

Neither do rapid growth in government debt, declining interest rates, or rapid increases in a central bank’s balance sheet

For years, governments in India and much of the developing world have followed the advice of a paper arguing that labor regulations actually hurt workers. The problem? The research was wrong.

A new global economic system has to be based on a key principle of Bretton Woods: multilateralism

Remedies have failed to produced growth and reduce indebtedness because they’re focused on protecting toxic behavior by banks in Europe’s core countries

Till is right. It’s not the historian’s task to question the legitimacy of the decisions of the Nobel Committee.

Let Them Eat Credit: Has Financial Capitalism Failed the World?

Our welfare depends not only on our actual consumption, but also on alternate choices wedid not make.

Economist Cristina Caffarra, a leader in competition and antitrust, warns that ever-expanding tech giants raise concerns about the extent of their power.

Andrea Gabor, author of “After the Education Wars,” discusses how California is pushing back on millionaire-driven charter schools. Will the rest of the America follow?

For all the talk of Modern Monetary Theory representing a brave new frontier, it is easy to forget that the United States has gone down this road before, when the US Federal Reserve financed the war effort in the 1940s. Then, as now, the question is not about government debt, but about the debt’s purpose and justification.

What exactly is an exchange rate?

Patrick Lawrence, writer and executive editor of The Scrum, analyzes the roots of US foreign policy failures, how these are reflected in the current confrontation with Russia, which can be found the US establishment’s weddedness to power and to an unwillingness to see the other’s perspective.

From LBJ to the present, the federal government has knowingly continued to expand the US fossil economy, not passively but as a major active player, endangering the future of young people.