The multipolar financial world is here. The United States can survive it – but only with major political and economic changes at home. It’s time to start thinking about what those need to be. James […]
There is no compelling reason to raise interest rates, now or later. Read Here
By announcing forthcoming interest-rate hikes at a time when total US employment is still below its 2019 level, the Federal Reserve war on “inflation” is really a war on American workers. James K. Glbraith is […]
James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail. To overcome it, he lays out […]
For four decades, mainstream economists have slammed the door on the idea that the US government might intervene to manage the prices of certain goods. But this reactionary mindset has no sound basis, and today’s […]
University of Texas economist James K. Galbraith engages in a wide-ranging discussion of the many ways in which conventional economics has failed us, ranging from how to manage the post-pandemic economy, the role of finance, […]
James Galbraith addresses eight questions about economics today. James K. Glbraith is an American economist and adviser, author, currently Professor at the University of Texas in Austin. James K. Galbraith holds the Lloyd M. Bentsen […]
“The task — as at the start of Franklin Roosevelt’s New Deal a century ago — is to conquer fear, anxiety, instability, insecurity, and precarity.” Albena Azmanova of the University of Kent James K. Galbraith […]
MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt. […]
While in the UK economists seem to be losing it completely in the discussion around Modern Monetary Theory (which is why we do not cross-post most of it) and the rest of the continent is […]
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