How many lives would have been saved if…

from Dean Baker We know that Republican office holders are not allowed to say that Joe Biden won the election. Apparently there is a similar ban in place for news outlets when it comes to…

Paul Samuelson and the ergodic hypothesis

from Lars Syll Paul Samuelson claimed that the “ergodic hypothesis” is essential for advancing economics from the realm of history to the realm of science. But is it really tenable to assume that ergodicity is…

The Krugman boom: Don’t bank on It

from Dean Baker I have largely been in agreement with Paul Krugman in his assessment of the economy over the last dozen years or so, but I think in his latest column he let the promise of…

The Weekend Quiz – November 21-22, 2020 –…

Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then…

“A primer for the perplexed”

from Peter Radford That’s the subtitle of Robert Skidelsky’s little book “What’s Wrong With Economics”?.  A primer for the perplexed.  With the U.S. election past us, I decided to start reading some of the books that…

The Weekend Quiz – November 21-22, 2020

 RSS feed billy blog MMT Macroeconomics Textbook – March 2019 Now available for purchase – For details. 2017 book Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World Co-authored with Thomas Fazi.…