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Full-Reserve Banking Goes Mainstream

…‘Federal Funds.’” More recently, Boston University economist Larry Kotlikoff has argued that we need to completely separate money from credit by introducing what he calls “limited purpose banking.” It’s basically…

Taxes and job creators

…when Bill Gates, Steve Jobs and Larry Page were creating their new businesses in their proverbial garages, they weren’t giving much thought to the tax rate they would have to…

Private Real GDP in Recoveries

…point in the recovery this measure of real private GDP is exactly the same as it was in the last cycle under Bush that Larry Kudlow called the “Goldilocks” recovery….

Obama " Private Sector Doing Fine"

…and in the 2000s that Larry Kudlow called the Goldilocks economy. Let’s see what happened to private sector profits in these cycles. Profits this cycle appear to be about the…

Guest post: Who Are the 1%?

Larry Mishal to name three economists Guest post: Who Are the 1%? A week or so back, Dan from Angry Bear passed along this Boston Globe article. On its face,…