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Theorizing dollar : the political economic foundations of exorbitant privilige

Palley, Thomas I. - In: Review of Keynesian economics 10 (2022) 4, pp. 462-498

Persistent link: https://www.econbiz.de/10013455727

Keynes' denial of conflict : why The General Theory is a misleading guide to capitalism and stagnation

Palley, Thomas I. - 2023

its denial of the conflictual nature of capitalism. There is need to understand Keynes' technical contributions regarding … preeminent monetary theorist. However, owing to his denial of conflict, he had a flawed view of capitalism which is why … Democracy. Contrary to conventional wisdom, his view of capitalism is supportive of Neoliberalism and Keynes can be viewed as a …

Persistent link: https://www.econbiz.de/10014327477

Keynes' denial of conflict : why the general theory is a misleading guide to capitalism and stagnation

Palley, Thomas I. - In: The Japanese political economy 49 (2023) 1, pp. 7-34

Persistent link: https://www.econbiz.de/10014319479

After the bust: the outlook for macroeconomics & macroeconomic policy

Palley, Thomas I. - 2008

The current economic crisis offers an historic opportunity for change. The depth of the crisis means there will likely be a policy turn in a Keynesian and even Post Keynesian direction. However, there are profound political, intellectual and sociological obstacles blocking change in underlying...

Persistent link: https://www.econbiz.de/10003836932

After the bust : the outlook for macroeconomics and macroeconomic policy

Palley, Thomas I. (contributor) - 2009

"Change" was the buzzword of the Obama campaign, in response to a political agenda precipitated by financial turmoil and a global economic crisis. According to Research Associate Thomas Palley, the neoliberal economic policy paradigm underlying that agenda must itself change if there is to be a...

Persistent link: https://www.econbiz.de/10003811617

A labor perspective on globalization

Palley, Thomas I. - In: Internationale Politik und Gesellschaft : IPG (2009) (2009) 2, pp. 22-39

Persistent link: https://www.econbiz.de/10003863330

After the bust: the outlook for macroeconomics and macroeconomic policy

Palley, Thomas I. - In: Macroeconomic policies on shaky foundations : whither …, (pp. 371-391). 2009

Persistent link: https://www.econbiz.de/10003914999

America's exhausted paradigm : macroeconomic causes of the financial crisis and great recession

Palley, Thomas I. - 2009

This paper traces the roots of the current financial crisis to a faulty U.S. macroeconomic paradigm. One flaw in this paradigm was the neo-liberal growth model adopted after 1980 that relied on debt and asset price inflation to drive demand in place of wage growth. A second flaw was the model of...

Persistent link: https://www.econbiz.de/10009549821

The US economy : from crisis to stagnation

Palley, Thomas I. - 2015 - Revised April 2015

This paper examines the major competing interpretations of the economic crisis in the US and explains the rebound of neoliberal orthodoxy. It shows how US policymakers acted to stabilize and save the economy, but failed to change the underlying neoliberal economic policy model. That failure...

Persistent link: https://www.econbiz.de/10011289389

Europe's crisis without end : the consequences of neoliberalism run amok

Palley, Thomas I. - 2013

This paper argues the euro zone crisis is the product of a toxic neoliberal economic policy cocktail. The mixing of that cocktail traces all the way back to the early 1980s when Europe embraced the neoliberal economic model that undermined the income and demand generation process via wage...

Persistent link: https://www.econbiz.de/10009746978