Tuesday, March 25, 2025

Brad DeLong Principles of Stabilization Policy and their Application

The 8th Godley-Tobin Lecture in full. No edits, and not the best lighting, but audio and images of PowerPoint are clear.

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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...