Issue 292

Beyond Keynesianism

Irving Fisher's Depression-era debt-deflation theory, then and now.

Still Banking on Fraud

This article is no longer available online

Unemployment: A Jobs Deficit or a Skills Deficit?

Politicians and economists are trying to reframe a severe jobs crunch as a problem of workers' inadequate skills.

Why Do They Oppose More Stimulus?

This article is no longer available online

Trapped, but “Free”

Goin’ for Broke

A review of Broke, USA by Gary Rivlin (New York: HarperCollins, 2010).

Why Is Unemployment Still So High

If the recession is supposedly over, why is there still so much unemployment? Overall demand (in the U.S. economy