…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…

…on the FDA-approved label, often causing great harm in the process. Had he looked past that blind spot, he would have found many stories that would have fit nicely with…

…are three popular myths about the Great Resignation and who is affected by it. Myth 1: The Great Resignation is about quitting. One problem with the term Great Resignation is that resignation sounds like a…

…recessions and stagnation arise due to inadequate consumer demand relative to the production of new goods and services.” That may be true. But I would suggest that underconsumption theory is…

…above that level, history tells us, tend to be associated with slack, disinflation, and economic stagnation–below that level with eventual resource bottlenecks and rising inflation, which ultimately engenders economic contraction.”…

…be always ignored. Future economic historians may not call the period that began in 2007 the ‘Greatest Depression.’ But as of now, it is highly and increasingly probable that they…

Larry Summers wrote a post yesterday about the hollowing out of the middle class and how that has lowered consumption and led to secular stagnation. He says that this effect…

…growing, despite crises and debt issues. Italy never had it as bad as Spain, and certainly never as bad as still declining Greece. But its stagnation has begun to really…

…a crisis here. Aging Populations and Great Power Politics: The Problem is for the Elites, not the Masses, Center for Economic and Policy Research, Dean Baker To add to this…

…a label that is not great if one looks at it closely. That is because, frankly, Medicare by itself sucks. It is crappy coverage. Pretty much everybody actually on Medicare…