Category Archives: Wealth and Income Inequality
Chart From the 2014 Economic Report of the President of the USA
Chart from the 2014 Economic Report of the President of the USA March 17, 2014David F. RuccioLeave a commentGo to comments from David Ruccio This chart, from the 2014 Economic Report of the President [pdf], illustrates the troubling disconnect between the economy’s … Continue reading
A Letter From Texas Inmate Ray Jasper on the Eve of his Execution
A Letter From Ray Jasper, Who Is About to Be Executed Texas death row inmate Ray Jasper isscheduled to be put to death tomorrow.He has written a letter to the GAWKER website that everyone should read. Mr. Nolan, When I first responded … Continue reading
US Control of Ukraine and the Encirclement of Russia: a Longstanding Strategic Objective
US Control over Ukraine and the Encirclement of Russia: A Longstanding Strategic Objective Post Categories: Asia Washington’s Blog | Monday, March 17, 2014, 13:00 Beijing Share on facebookShare on twitterShare on emailShare on printShare on gmailShare on stumbleuponShare on favoritesMore … Continue reading
Economics of the 1%: How Mainstream Economics Serves the Rich, Obscures Reality and Distorts Policy
Economics of the 1%: How Mainstream Economics Serves the Rich, Obscures Reality and Distorts Policy Post Categories: Canada John Weeks / The 4th Media News | Sunday, February 2, 2014, 11:34 Beijing This book exposes the myths of mainstream economics behind the … Continue reading
A Science of Economies?
A Science of Economies? March 10, 2014EditorLeave a commentGo to comments from Geoff Davies Debates about whether economics is or can ever be a science appear frequently on this site, such as making economics a relevant science. Perhaps more in the subsequent comments than … Continue reading
The Empirical Failure of DSGE Models According to a DSGE Economist
The empirical failure of DSGE models according to a DSGE economist March 9, 2014merijnknibbeLeave a commentGo to comments Noah Smith points out advances in neoclassical DSGE models. Lars Syll does not agree. But what do DSGE economists themselves think about their models? The … Continue reading
Taking Rational Expectations Seriously? You’ve Got to be Joking!
Sttpml Comment: Imagine going to a shoe store, seeing a pair of shoes that you just must have because they appear to be the kind that make you feel most comfortable. Imagine there is only one pair available (at that … Continue reading