The IS-LM model is built upon two markets, the goods market (IS) and the money market (LM). The alternative view in this post will incorporate the effective demand limit into…

…James Kwak at Econospeak. Adam M. Finkel at RegBlog: It Takes “Alternative Math” to Claim That Redistribution Is Futile: The unequal distribution of costs and benefits across society is one…

…is estimates calculated assuming NAWRU is a random walk without drift). For most countries, the alternative NAWRU series does not track headline unemployment — alternative NAWRU is much less cyclical…

Constructing An Alternative Reality  This has been gradually developing for about the last quarter of a century or so.  While there was some of this going on before, it took…

…Oil Company Tax Breaks to Net Billions for Alternative Energy, Huffington Post, June 2, 2010. What steps could be taken? Consider the following: roll back current tax expenditures benefiting the…

…for Amtrak. • $110 million to the Farm Service Agency to upgrade computer systems. • $200 million in funding for the lease of alternative energy vehicles for use on military…

…supply of cheap natural gas means an reduction in the price of energy — and thus an increase in its consumption, which will displace conservation and alternative energy sources. Sloppy…

If the world is to decarbonize energy without a major economic collapse, nuclear power must be part of the picture. Solar and wind energy generation are growing world-wide, but both…

…are using reinsurance premiums and investing in a very aggressive way, compared to traditional reinsurers”. This aggressive position produces a downside if there are low investment returns, especially if there…

…write about, sketch and definitely not write out a model in which Fed purchases of 7 year Treasury notes causes low investment. It happens to be a fact that following…