James K. Galbraith

Paul Krugman And Inflation Shamanism

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The data clearly show that Fed policy has been mostly a non-factor in easing inflation.

High Interest Rates Finally Bite

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The U.S. Federal Reserve appears to have finally brought about the recession that it engineers whenever unemployment is low and the president is a Democrat.

Why Mainstream Economics Got Inflation Wrong

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Leading economists' misdiagnosis of inflation in 2021-22 was the latest episode in a long-running series of failures.

Down On The Biden Economy

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Biden's economic approval rating will likely remain low until Americans start to see better results in their own pockets.

America's 'New' China Narrative

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According to a new narrative that has recently emerged in the U.S., China is suffering economic decline.

Rate Hikes Are Not The Right Answer To 'Wage-Price Persistence'

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There is no actual evidence that demand, rather than cost, have caused non-energy, non-food price increases.

How America Can Beat COVID-19

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Without a mass mobilization to secure critical supplies and prevent a panic, the crisis could spin out of control.