The EPI Gets The Trade Deficit With China Entirely Wrong – Again

The Economic Policy Institute wants to tell us all that the trade deficit with China is a very bad thing, very bad indeed. Because...

Why Would We Trust The People Or System That Brought Us The 1970s?

Larry Elliott wants us all to know that it's very important that we kill off inequality so that we all trust each other again....

Robert Reich’s Everything Solution – Tax The Heck Out Of Everyone More

This is fun and interesting, Robert Reich proffers us his solution to the twin grand problems of American political finances. Or even the one...

As We’ve Been Saying, Seattle’s Minimum Wage Rise Reduced Incomes

Or perhaps as I've been saying over multiple sites and multiple years. Seattle decided to aggressively increase the minimum wage to $15 an hour...

The Billionaires Are Stealing The Wealth Of The Rest Of Us

So The Guardian would have us believe as they breathlessly report on a wealth study from UBS. What is actually being shown is that...

Scientific American On How Inequality Murders Us All – But What Inequality?

Scientific American has a large report upon how inequality murders us all in our beds. More specifically they've a long piece about how economic...

Those Jesuit Missionaries In Paraguay Are Still Having An Effect

And it's not just as a storyline for a Jeremy Irons movie. The institutions, the culture perhaps, that they endowed still has effects on...

This Is The Time For Budget Surpluses, Not Relaxing Austerity – Why Keynesianism Doesn’t...

We're told that government borrowing is falling, the deficit closing. This therefore means that it's possible to relax austerity, to start spending more upon...

Modern Monetary Theory Just Won’t Work In The Real World

I righteously and justly make fun of Richard Murphy and his, ahem, considerations of matters economic. But just for the one time I'll do...