554 Results for “Coronavirus Means”

Contrary to pharmaceutical company claims, revenue from high insulin prices are going to shareholders, not R&D

Every nation faces the challenge of imagining what a good life means. Sound nutrition, shelter, health care, personal safety, social stability, security of savings, clean air and water, and the development of children are among the elements of what many envision as vital to a happy and healthy society.

In this paper we comparatively explore three claims concerning the disciplinary character of economics by means of citation analysis.

Globalization has improved the living standards of hundreds of millions of people – but growing resource scarcity means it risks becoming a victim of its own success.

“Build back” means restoring the government and business investments in the productive capabilities of the U.S. labor force that created a growing middle class in the three decades after World War II

When billionaires pay less, we all pay more.

The younger generation, already saddled with student debt and uncertain jobs, will pay a high price as the crisis unfolds.

Stigmatizing and relegating an activity to the shadows doesn’t improve anyone’s welfare

Just before the crisis, European countries were designing austerity reforms that would increase inequality and reduce internal demand. Could they return?

Institute for New Economic Thinking President Robert Johnson, in an appearance of the CNN International show Quest Means Business, warns that the anger of Trump’s supporters is unlikely to ebb absent significant economic and political changes — and that this anger could be more successfully marshaled by a more skilled and sophisticated Republican challenger four years from now. 

Gilead’s shareholders want exorbitant profits from Remdesivir, even though it was the public that enabled its development.

The financial crisis of 2008, and the subsequent worldwide economic depression and continuing dislocation, have made little to no impression on the way macroeconomics is taught at the university level, from Economics 101 through graduate school. It has been “business as usual’, which (it seems to me) means an almost studious avoidance of any attempt to acquire knowledge of how monetary economies actually work.

The idea of this blog is to engage current financial news and policy debates from the standpoint of the classics of monetary theory. We ask, “What would Bagehot say?”, “What would Minsky say?”, “What would Fischer Black say?” Like them, our starting point is the idea that capitalism is essentially a financial system, which means that we need to take a money view in order to understand how it works.

On my way back home from the Brandenburger Tor, I recalled that I already have been there, it must have been in 1988.