Category Archives: Capitalism

Article Collection 10/01/13

Macroeconomics Jobless Recoveries Likely in U.S. Future, Much Like in Europe – A recent paper by Brookings, one of the top think tanks in the world, attempts to explain unemployment persistence, e.g. why is the unemployment rate in the U.S. not … Continue reading

Posted in Capitalism, Eurozone, Finance, Incentives, Labor, Labor Market, Macroeconomy, Microeconomics, Monetary Policy, Monopoly, Political Economy, Public Finance, Rent seeking | Leave a comment

Article Collection 9/9/13

A collection of [what wonks like myself find is] interesting stuff. Macroeconomics  List of Upcoming September Events Roubini: Autumn’s Known Unknowns (Uncertainty about upcoming global events) Robert “Bob” Shiller (of Case-Shiller Index fame) says in a video interview on the housing … Continue reading

Posted in Capitalism, Economic Development, Economic Growth, Economic Theory, Finance, Incentives, Inflation, Labor Market, Macroeconomy, Microeconomics, Monetary Policy, Moral Hazard, Political Economy, Public Finance, Rent seeking, Technology | Leave a comment

Forever blowing bubbles, pretty bubbles in the air…

As you might have realized, one of my research fascinations is the exploration of bubbles in economics and finance. Well master of bubbles and 2007 housing crisis predictor himself, Robert Shiller, typed a simple yet excellent “future of bubbles” article … Continue reading

Posted in Capitalism, Economic Theory, Finance, Macroeconomy, Microeconomics | Leave a comment

Banking, rehypothecation and collateral shortages

First I’ll caution the reader that this is rather advanced stuff (I read through it half a dozen times before it clicked), but this is an absolutely excellent piece exploring the ongoing global macroeconomic and macro-financial banking problems, the issues of … Continue reading

Posted in Advanced, Banksters, Capital, Capitalism, Finance, Macroeconomy, Public Finance, Rent seeking | Leave a comment

Wealth Inequality in the USA

A few important points: This is wealth, not income; income is a little more evenly distributed although is still interesting to look at.  We mentioned in class the idea that people with significant wealth don’t even have to work anymore, they can … Continue reading

Posted in Capitalism, Labor, Macroeconomy, Marxism, Political Economy | Leave a comment