No Matter How You Look at It, the Big Beautiful Bill is a Monstrosity
Here are three views of the bill's horrific distributional consequences.
Federal Reserve
7 articles
Federal Reserve Insider Dealing? R.I.P. Central Bank Independence
By Thomas Palley From the author's blog, Economics for Democratic and Open Societies. Federal Reserve Vice-Chair Richard Clarida
The Federal Reserve Raising Interest Rates Is Unwelcome and Unnecessary
By Thomas Palley Cross-posted from the AFL-CIO economy blog. Wednesday’s decision by the Federal Reserve to raise interest rates
The Federal Reserve Must Rethink How It Tightens Monetary Policy
By Thomas Palley Cross-posted at the author's website, thomaspalley.com. After more than 7 years of economic recovery,
Why Negative Interest Rate Policy (NIRP) Is Ineffective and Dangerous
By Thomas Palley NIRP is quickly becoming a consensus policy within the economics establishment. This paper argues that consensus is
Paul Krugman Crosses the Line
By Gerald Epstein Cross-posted at our sister blog Triple Crisis. In his recent New York Times opinion column, "Sanders
New Issue! Plus--Fed Rate Hike Explained
Our new issue is at the printers! Print subscribers should get their copies in the first week of January (the
Tuesday Links: London Whale, S.A.C. Capital, Jeff Madrick
Apologies about the break from posts for the past week plus. I just moved apartments, and that kept me from