Importing Risk into Insurance
C.P. Chandrasekhar On October 4, in a cabinet decision that had been predicted by the media and expected by the stock market, the United Progressive Alliance (UPA II) government announced hikes in the...
View ArticleAusterity is not working in Europe
Philip Arestis and Malcolm Sawyer The GDP figures published in the Eurostat press release on the 15th of November 2012 for the Economic and Monetary Union (euro area) marked the confirmation of a...
View ArticleResponding to Financial Crisis: Are Austerity and Suffering Inevitable?
Jayati Ghosh All too often people in countries experiencing financial crisis are told that the road to recovery necessarily involves pain, that fiscal austerity and cuts in spending that adversely...
View ArticleLet’s Stop Calling Countries “Markets”
Robin Broad Here’s my most recent — and, I believe, imminently winnable — campaign: Let’s stop calling countries “markets” or “economies.” And while we’re at it, let’s not call any set of countries...
View ArticleYellen to Washington, D.C.: Fiscal Austerity Slows Recovery
Thomas Palley Last Monday, Federal Reserve Vice-Chair Janet Yellen gave the keynote speech at an AFL-CIO economic policy conference on restoring shared prosperity. Dr. Yellen began by noting that the...
View ArticleNo Standards, Not Poor
C.P. Chandrasekhar Early February, the Department of Justice (DoJ) of the US government—represented by the United States attorney general and supported by attorneys general from 16 states—filed civil...
View ArticleGreen Keynesianism: Beyond Standard Growth Paradigms
Jonathan M. Harris, Guest Blogger In the wake of the global financial crisis, Keynesianism has had something of a revival. In practice, governments have turned to Keynesian policy measures to avert...
View ArticleA Reflection on Capital in the 21st Century
Philip Arestis and Malcolm Sawyer The recent book Capital in the 21st Century by Thomas Piketty (2014) has attracted an enviable amount of attention with its detailed history of income and wealth...
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Clinton Proposals Don’t Go Far Enough to Combat “Short-Termism”
Gerald Epstein In a recent interview on The Real News Network, regular Triple Crisis contributor Gerald Epstein, co-director of the Political Economy Research Institute (PERI) at the University of...
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