I was on the show as part of the panel. It is hard to explain that Argentina cannot grow much under the current circumstances, with an external constraint that is binding.
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Rethinking the determination and long-run evolution of income distribution
New paper by Thomas Palley. From the abstract: This paper presents a theory and model of long-run cycles in income inequality. The model exp...
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There are Gold Bugs and there are Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
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Teaching on the capital debates this and last week. So here are some thoughts, based on my class notes and the required readings (see below)...
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By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
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