economics

In each economic and political generation, one center is rising, one is ruling, and one is falling in power.

Who will be the liberal Reagan? Whoever it is, their legacy will be to whip deflation and spend the money...

Vladimir Putin is betting that Russians will suffer a 10% hit to their income better than western Europeans will take...

Money is a verb, not a noun. Nations are banks, not families, and for banks loans are called assets.

What we're doing is moving from a time of energy scarcity, an economy in which oil has replaced the dollar...

Think of this as Volume 18, Number 28 of the newsletter I have written weekly since March, 1997. Enjoy. As...

We face a struggle to create laws, and institutions, that work everywhere, from which the ultra-wealthy and rich corporations cannot...

Keeping liberty, democracy and capitalism in balance is an ongoing, messy process. It requires enormous goodwill, on the part of...

Piketty's book is the first step toward a new “science” of economics.

If we're to restore confidence in the great financial edifice, we need the equivalent of South Africa's Truth and Reconciliation...