January/February 2011

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

Goin’ for Broke

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

Trapped, but “Free”

Why Do They Oppose More Stimulus?

Dear Dr. Dollar: Why are conservatives, especially wealthy conservatives, against stimulating the economy through the government’s deficit spending? Don’

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.

Still Banking on Fraud

A truly amazing thing has happened in banking. After the worst financial crisis in 75 years sparked the “Great Recession,

Beyond Keynesianism

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