Category Archives: Political Economy

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

The Future of Japan

The following is a short video explaining Japan’s economic situation. For more here are CNBC and other interviews of Kyle Bass, a hedge fund manager both known for correctly calling the 2008 financial crisis and vocal skeptic of Japan’s ability to repay its … Continue reading

Posted in Economic Growth, Finance, Inflation, Macroeconomy, Political Economy, Public Finance | 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

England’s “No nonsense beer” loses alcohol, gains nonsense

John Smith’s Extra Smooth, the “No nonsense beer” is being culled from 3.8 to 3.6% alcohol to lessen its tax rate while simultaneously having its price increased by parent company Heineken to cover rising production costs. In related news, have you … Continue reading

Posted in Austerity, Inflation, Political Economy, Public Finance | Tagged | Leave a comment