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.
Thomas Palley
16 articles
Ukraine: What Will Be Done and What Should Be Done?
By Thomas Palley Reposted from the author's blog, Economics for Democratic and Open Societies. The inevitable has happened.
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
Bernie Sanders: Nothing to Fear Except Fear Itself
By Thomas Palley Cross posted at the author's website. “The only thing we have to fear is fear
Brazil Is Falling Under an Evil Political Spell
By Thomas Palley Brazil is falling under an evil political spell. The leading candidate in the presidential election is Jair
Is The US Hypocritical To Criticize Russian Election Meddling?
Cross-posted at Social Europe. Thomas Carothers has recently written an article in Foreign Affairs, the prestigious elite journal published by
Re-theorizing the Welfare State and the Political Economy of Neoliberalism’s War Against It
This paper argues neoliberalism is engaged in a war against the welfare state. At issue are competing views regarding the
Thomas Palley: The General Theory at 80
Frequent D&S blog contributor Thomas Palley has a new paper out, "The General Theory at 80: Reflections
Trumponomics: Neocon Neoliberalism Camouflaged With Anti-Globalization Circus
By Thomas Palley A key element of Trump’s political success has been his masquerade of being pro-worker, which includes
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,
Financing vs. Spending Unions: How to Remedy the Eurozone’s Original Sin
By Thomas Palley In economic policy, timing isn’t everything, it’s the only thing. The euro zone crisis has
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