Heterodox economics
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Economics is a social science which requires a critical pluralistic approach, to be useful.
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A Critique of the Methodology of Mises & Rothbard

A Critique of the Methodology of Mises & Rothbard | Heterodox economics | Scoop.it
I find myself in the middle of a huge blowup between Max Keiser and Tom Woods over Mises, Menger and Austrian economics and feel that this is an opportune moment to express some doubts I have regar...
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Massive real wage cuts will not improve growth prospects | Bill Mitchell – billy blog

Massive real wage cuts will not improve growth prospects | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Roger Myerson’s Paean to Plutocracy

By William K.Black (Cross posted at Benzinga.com) Introduction This article begins a project to critique the work by economists concerning regulation that has led to the award of Nobel prizes.  The prize in economics in honor of Alfred Nobel is uni...
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The Dogmas of the Market Economy Under Critical Scrutiny | Institute for New Economic Thinking (INET)

The Dogmas of the Market Economy Under Critical Scrutiny | Institute for New Economic Thinking (INET) | Heterodox economics | Scoop.it
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Philip Pilkington: Paul Krugman and the Fatherless Keynesians « naked capitalism

Commentary on current economic and financial news.
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Australian PBO – another myth-making neo-liberal institution | Bill Mitchell – billy blog

Australian PBO – another myth-making neo-liberal institution | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Steve Keen’s Scary Minsky Model « naked capitalism

Steve Keen’s Scary Minsky Model « naked capitalism | Heterodox economics | Scoop.it
Commentary on current economic and financial news.
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The Layman’s Case Against Austerity

By Stephanie Kelton

Steve Kraske of The Kansas City Star recently interviewed me for a piece about austerity.  The story ran in today's paper. It doesn't provide much depth (unlike bloggers, journalists have strict space constraints!
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Fiscal Systems, Organizational Capacity, and Crisis: A Political Balance of Payments Approach | Institute for New Economic Thinking (INET)

Fiscal Systems, Organizational Capacity, and Crisis: A Political Balance of Payments Approach | Institute for New Economic Thinking (INET) | Heterodox economics | Scoop.it
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MMT Budgetary principles | Bill Mitchell – billy blog

MMT Budgetary principles | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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What part of the word failure don’t the Euro elite understand? | Bill Mitchell – billy blog

What part of the word failure don’t the Euro elite understand? | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Economics Needs Replication | Institute for New Economic Thinking (INET)

Economics Needs Replication | Institute for New Economic Thinking (INET) | Heterodox economics | Scoop.it
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Joe Stiglitz Blasts Our Wealthy-Coddling Tax System for Increasing the Returns on Rent-Seeking « naked capitalism

Commentary on current economic and financial news.
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Where We Are Now

By Dan Kervick


Margaret Thatcher is dead.
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More to forecasting than neoclassicals and Nostradamus

More to forecasting than neoclassicals and Nostradamus | Heterodox economics | Scoop.it
Paul Krugman’s criteria for evaluating economic predictions are solid. If only he could apply them to forecasts outside his own neoclassical tradition.
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The Accounting Quest of Steve Keen | Monetary Realism

Economics stands before a summit whose existence it is largely oblivious to. It can’t see the mountain because of a self-imposed fog. It sneers in the general
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72% youth unemployment – the crowning glory of the neo-liberal infestation | Bill Mitchell – billy blog

72% youth unemployment – the crowning glory of the neo-liberal infestation | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Andy Haldane: The Counter-Reformation in Banking Has Just Begun | Institute for New Economic Thinking (INET)

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Paying For Our Past Sins

Michael Kinsley's argument for immediate austerity is about "paying for our past sins": Krugman also is on to something when he talks about paying a price for past sins. I don’t think suffering is ...
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Milestones in Moneyless Exchange

Milestones in Moneyless Exchange | Heterodox economics | Scoop.it
I often compare the evolution of exchange alternatives to the development of aviation. Just as many early attempts to fly were clumsy and poorly informed by good science, so too have been many earl...
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Neo-liberalism – the antithesis to democracy | Bill Mitchell – billy blog

Neo-liberalism – the antithesis to democracy | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Modern monetary theory in an open economy | Bill Mitchell – billy blog

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Interview with David Graeber on Democracy in America « naked capitalism

Commentary on current economic and financial news.
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Can Modern Economics be an Ethical Science?

By Payam Sharifi The subject and discussion of Ethics for economists is a recent but welcome phenomenon.  The creation of the documentary “Inside Job” highlighted the ethical issues facing economists.   Various outlets, consisting of many from outside...
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Philip Pilkington: Defrocking Reinhart and Rogoff – Controversy Ignores Fundamental Issues in the Use and Abuse of Statistical Studies « naked capitalism

Commentary on current economic and financial news.
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History of applied economics: now what? | Institute for New Economic Thinking (INET)

History of applied economics: now what? | Institute for New Economic Thinking (INET) | Heterodox economics | Scoop.it
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