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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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'.

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

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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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E is for Earned Income | Michael Hudson

Prof Michael Hudson's Insider's Economic Dictionary, telling it how it is, one definition at a time.
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Speed modeling with Minsky

The speed with which a few useful modifications can be done to a a model in Minsky reminds me of the old
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Michael Hudson: C is for Camouflage

Michael Hudson: C is for Camouflage | Heterodox economics | Scoop.it
By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College. His latest book is “The Bubble and Beyond.” Originally published on his blog.

Via Emer O'Siochru
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Emer O'Siochru's curator insight, August 13, 2013 10:08 AM

I like Hudons entry for 'Commons'

Commons: Publicly held land and other economic infrastructure in the public domain, such as water, land, radio airwaves, forests and air, and natural monopolies such as transportation, power and telephone service, to be organized in society’s overall long-term self-interest rather than monopolized by private-sector rentiers. The idea of an inherent “tragedy of the commons” resulting from overuse often is cited as the reason why this policy cannot work over time. However, that ideological position does not reflect historical reality. The commons traditionally have been treated with a view toward long-term preservation of social integrity and balance.

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UK economy grows and so does its budget deficit | Bill Mitchell – billy blog

UK economy grows and so does its budget deficit | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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Critical Warning No. 17: Dow 5,000, crash of 65% Paul B. Farrell

Critical Warning No. 17: Dow 5,000, crash of 65% Paul B. Farrell | Heterodox economics | Scoop.it
Dow 5,000? Yes, investors, the big one’s coming, a stock-market crash dead ahead.
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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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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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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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Robert Skidelsky: Economics and Political Power during the Crisis

Welcome to our new video series titled "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important...
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There is a class warfare and the workers are not winning | Bill Mitchell – billy blog

There is a class warfare and the workers are not winning | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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If you think you know what ‘debt’ is, read on | Bill Mitchell – billy blog

If you think you know what ‘debt’ is, read on | Bill Mitchell – billy blog | Heterodox economics | Scoop.it
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China's slowdown and the global glut

China's slowdown and the global glut | Heterodox economics | Scoop.it
China's economic slowdown, though necessary in the long term, may herald overcapacity and hard times for many global industries in the short term.

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