It’s called the Accountable Capitalism Act. Here’s the bill text. Yves Smith has a take on this…lots of talk in the news econ sections: Elizabeth Warren introduced her Accountable Capitalism Act in the Senate yesterday and set forth the logic of her bill in a Wall Street Journal op-ed. The Massachusetts senator described how as […]
Weekly Indicators for August 6 – 10 at Seeking Alpha – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Two long leading indicators are within 1% of turning negative. And two short leading indicators are also weakening considerably. A friendly reminder that not only is the post informative, but I get […]
by Joseph Joyce Empires, Past and Present Economists rarely write about “empires,” unless they are referring to historical examples such as the Roman empire. But Thomas Hauner of the Federal Reserve Bank of Minneapolis, Branko Milanovic of the Graduate Center of City University of New York and Suresh Naidu of Columbia University have presented a study of […]
By Steve Roth (originally published at Evonomics) Four Definitions of Money. All Correct Money makes the world go round. That may well be true, but money certainly makes the economics world go round. It’s the discipline’s special purview, the numeric linchpin that gives economics its dominant role and voice in our affairs. It’s what makes economics seem […]
(Dan here….another one from NDd) My Weekly Indicators post is up at Seeking Alpha. The old vaudeville sketch comes to mind: “Niagara Falls. Slowly I turn. Step by step ….” Not only are these weekly posts intellectually edifying, but since clicking over and reading it puts a penny in my pocket, it is the epitome of […]
How to stay awake for economics!