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1
Paul Davidson's
Economics
Holt, Richard P. F.
;
Rosser, J. Barkley
;
Wray, L. Randall
-
1998
. This article reviews his contributions to monetary theory, international
economics
, aggregate supply theory, and … environmental
economics
. …
Persistent link: https://www.econbiz.de/10011935313
Saved in:
2
The dismal state of macroeconomics and the opportunity for a new beginning
Wray, L. Randall
-
2011
postwar period - from the Age of Keynes through the Friedmanian era and the return of Neoclassical
economics
in a particularly …
Persistent link: https://www.econbiz.de/10010281727
Saved in:
3
The unbearable weight of aging: How to deal with the "demographic time bomb"
Nersisyan, Yeva
;
Liu, Xinhua
;
Wray, L. Randall
-
2023
The aging of the global population is in the headlines following a report that China's population fell as deaths surpassed births. Pundits worry that a declining Chinese workforce means trouble for other economies that have come to rely on China's exports. France is pushing through an increase...
Persistent link: https://www.econbiz.de/10014474474
Saved in:
4
What's causing accelerating inflation: Pandemic or policy response?
Nersisyan, Yeva
;
Wray, L. Randall
-
2022
This paper examines the recent increase of the measured inflation rate to assess the degree to which the acceleration is due to problems created (largely on the supply side) by the pandemic versus pressures created on the demand side by pandemic relief. Some have attributed the inflation to...
Persistent link: https://www.econbiz.de/10014322567
Saved in:
5
Is it time for rate hikes? The Fed cannot engineer a soft landing but risks stagflation by trying
Nersisyan, Yeva
;
Wray, L. Randall
-
2022
Roughly two years into the economic recovery from the COVID-19 crisis, the topic of elevated inflation dominates the economic policy discourse in the United States. And the aggressive use of fiscal policy to support demand and incomes has commonly been singled out as the culprit. Equally as...
Persistent link: https://www.econbiz.de/10014480509
Saved in:
6
Still flying blind after all these years: The Federal Reserve's continuing experiments with unobservables
Papadimitriou, Dimitri Basil
;
Wray, L. Randall
-
2021
Institute President Dimitri B. Papadimitriou and Senior Scholar L. Randall Wray contend that the prevailing approach to monetary policy and inflation is influenced by a set of concepts that are a poor guide to action. In this policy brief, they examine two previous cases in which the Federal...
Persistent link: https://www.econbiz.de/10013164766
Saved in:
7
Can Biden build back better? Yes, if he abandons fiscal "pay fors"
Nersisyan, Yeva
;
Wray, L. Randall
-
2021
President Biden's proposals for investing in social and physical infrastructure signal a return to a budget-neutral policymaking framework that has largely been set aside since the outbreak of the COVID-19 crisis. According Yeva Nersisyan and L. Randall Wray, this focus on ensuring revenues keep...
Persistent link: https://www.econbiz.de/10013164765
Saved in:
8
Can we afford the Green New Deal?
Nersisyan, Yeva
;
Wray, L. Randall
-
2020
In this policy brief, Yeva Nersisyan and Senior Scholar L. Randall Wray argue that assessing the "affordability" of the Green New Deal is a question of whether there are suitable and sufficient real resources than can be mobilized to implement this ambitious approach to climate policy. Only...
Persistent link: https://www.econbiz.de/10013164758
Saved in:
9
Imbalances? What imbalances? A dissenting view
Wray, L. Randall
-
2012
It is commonplace to link neoclassical
economics
to 18th- or 19th-century physics and its notion of equilibrium, of a … of
economics
: from micro markets for fish that are traded spot, to macro markets for something called labor, and on to …
Persistent link: https://www.econbiz.de/10010286507
Saved in:
10
Full employment: Are we there yet?
Dantas, Flavia
;
Wray, L. Randall
-
2017
Flavia Dantas and L. Randall Wray argue that the emerging conventional wisdom - that the US economy has reached full employment - is flawed. The unemployment rate is not providing an accurate picture of the health of the labor market, and the common narrative attributing shrinking labor force...
Persistent link: https://www.econbiz.de/10011717546
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