…my view, it’s not that simple (not that passing this type policy would be easy at all). As I illustrate below, firms, like households, are in a deleveraging cycle, where…

…not rising: When the deficit hawks manage to remove the fiscal stimulus while the private sector is still deleveraging, the economy collapses and re-enters the deflationary spiral. That weakness, in…

I remain very skeptical about the sustainability of the recovery, as the labor market is in shambles and nominal wage growth is unlikely to facilitate “healthy” deleveraging – please see…

…fell another 4.7% yesterday. Much of this is due to hedge fund deleveraging,* as well as dreadful corporate earnings reports and pessimism that the recession will be deeper than many…

…and how it creates “money” for the financial system. Start here: The other deleveraging: What economists need to know about the modern money creation process In brief, banks create debt…

…do about health care. Both of them initially, or at least at some point, signed on to the “Medicare-for-all” label for a single payer government run health insurance system that…

…of whether hydroxychloroquine should be prescribed off label based on the in vitro results is not the same as the question of should we be confident that it will work…

Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We…

…which people can Google that wants us to pay $350 to be able to put their label on our packaging. But nobody knows who the hell they are, and this…

…models of this sort by the late Richard Goodwin, who had a Marx-influenced predatory model of class struggle cyclical fluctuations. Their early models were labeled as Kynes-Wicksell-Goodwin (KWG) models. But…