Heterodox economics
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Heterodox economics
Economics is a social science which requires a critical pluralistic approach, to be useful.
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Framing Modern Monetary Theory | Bill Mitchell – billy blog

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New Study Confirms that Lower Corporate Tax Rates Don’t Create Jobs « naked capitalism

Commentary on current economic and financial news.
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MMT 101: A Reply to Critics Part 1

By  Eric Tymoigne and L. Randall Wray

This is Part 1 of a six part series in which we deal with critics of MMT. As readers of this blog know, our critics continually raise the same old tired critiques of MMT.
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EconoMonitor : Great Leap Forward » What Do Banks Do? What Should They Do?

Economics for the 21st Century and Beyond
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Did economists turn a blind eye to the crisis?

Did economists turn a blind eye to the crisis? | Heterodox economics | Scoop.it
Nicholas Ripley's insight:

They sure did.

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End this Depression? Never

End this Depression? Never | Heterodox economics | Scoop.it
Have we spent the past two decades living in a liquidity trap? Larry Summers has bolstered the argument near-zero interest rates are a permanent state of affairs.
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Orthodox economists have failed their own market test

Orthodox economists have failed their own market test | Heterodox economics | Scoop.it
Seumas Milne: Students are demanding alternatives to a free-market dogma with a disastrous record. That's something we all need
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The 0.01% Have Never Had It Better | Zero Hedge

The 0.01% Have Never Had It Better | Zero Hedge | Heterodox economics | Scoop.it
Over the years, as the WSJ notes, the only way inequality has really mattered to professional investors is 'if the rich are getting richer, companies that cater to them have better prospects'.

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How to fail a simple macroeconomics examination | Bill Mitchell – billy blog

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Robert Reich: We Can Save the Economy If We Get Serious About Taxing the Rich

Robert Reich: We Can Save the Economy If We Get Serious About Taxing the Rich | Heterodox economics | Scoop.it
New documentary "Inequality for All," starring Reich explains how to fix America's income inequality.

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F is for FIRE sector | Michael Hudson

Prof Michael Hudson's Insider's Economic Dictionary, telling it how it is, one definition at a time.
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More Thoughts on the Inherent Risk of Stock Market Focused Policy | PRAGMATIC CAPITALISM

Why a photojournalist who was replaced by a reporter with an iPhone still loves disruptive technology.
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161 individuals and their lackeys are the target | Bill Mitchell – billy blog

161 individuals and their lackeys are the target | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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What's wrong with IS-LM?

What's wrong with IS-LM? | Heterodox economics | Scoop.it
Yesterday David Fields -- of Naked Keynesianism -- wondered what was my position on the fact that some heterodox economists would consider the IS-LM framework "to still be relevant if given enough ...
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A neverending debt trap

A neverending debt trap | Heterodox economics | Scoop.it
Larry Summers has argued that we are entering a period where the only way economies will be kept afloat is through debt-driven bubbles. Classical economists say debt shouldn't matter but history tells a different story.
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Michael Hudson: Oligarchy will never cancel the debt we owe

The oligarchy would rather annul the right of the bottom 90 percent to live than to annul the money owed to them. They'd rather strip the planet and shrink t...
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The International Financial Order

I was invited to give a speech on that topic to the Second Meeting of Ministers of Finance of the CELAC in Quito, Ecuador today (November
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Loathsome Wall Street Deficit Hysterics: ‘Blame the Old and Sick, Not Us’ – Part 2

By Michael Hoexter [Part I] Stated as above, the deficit hysteria-driven austerity campaign would have never gotten off the ground; no one outside the financial industry or its paid minions would choose to design society to facilitate the financial...
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Academics back students in protests against economics teaching - The Guardian

Academics back students in protests against economics teaching - The Guardian | Heterodox economics | Scoop.it
The Guardian Academics back students in protests against economics teaching The Guardian They said: "Students can now complete a degree in economics without having been exposed to the theories of Keynes, Marx or Minsky, and without having learned...
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Nothing to sing about in Europe | Bill Mitchell – billy blog

Nothing to sing about in Europe | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Governments Need to Take the Reins Back From Central Banks and Deal with Economic Imbalances « naked capitalism

Commentary on current economic and financial news.
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The Basics and History of Typography

A ten minute course in practical typography and a charming short film on its history. A great way to spend your Friday learning some valuable skills.
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D is for Debt | Michael Hudson

Prof Michael Hudson's Insider's Economic Dictionary, telling it how it is, one definition at a time.
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Three Pillars of Democratic Empowerment

Why a photojournalist who was replaced by a reporter with an iPhone still loves disruptive technology.
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More public infrastructure means higher taxes – False, go to bottom of the class | Bill Mitchell – billy blog

Why a photojournalist who was replaced by a reporter with an iPhone still loves disruptive technology.
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