…here is tongue-in-cheek. But I find it very useful in thinking about everything else. This thinking clashes quite definitively with traditional economic teachings. But it conforms very nicely with economic…

Traffic jam in Beijing, China. Simon Wren-Lewis writes about the difference between how the neofiscalists and market monetarists view the solution to the world’s economic woes. Basically, neofiscalists are ready…

…couldn’t pay their debts. With lower real interest rates and better economic performance, they can pay their debts. So the grip of the I.M.F. has been loosened by economic improvements….

…influence of Joan Robinson today is on Post Keynesian economics, or post-Keynesian economics, with her preferring this latter spelling, the British version. Indeed, although I cannot prove it, I have…

…larger and more economically powerful these companies get, the more resources they can bring to bear on lobbying government to change the rules to benefit exactly the companies that are…

Today Donald Trump gave a speech in Detroit describing some economic policies he’d like to pursue if he became president, and like with his other periodic “policy” speeches, he sounded…

by Mike Kimel Top Marginal Tax Rates and Real Economic Growth, Part 1 This post looks at the relationship between the top marginal income tax bracket and growth in real…

…• Because the newest immigrant waves start out at such an economic disadvantage, and because the rate of economic assimilation is not very rapid, the earnings of the newest arrivals…

…Hubert Humphrey: a reliance on economic growth as the principal means of curbing poverty, a generous and ever-expanding system of social-welfare benefits, and a foreign policy stressing containment of the…

…in Europe, for example) than for investment in business expansion (that might spur economic growth) or better worker pay (that could actually spur economic growth by increasing demand). The Tax…