Archive for the ‘New Posts’ Category

Trade, Trade Deficits, Secular Stagnation, and a Good Use for Excess Savings

March 8th, 2017

Three recent articles caught my eye re international trade. First, there’s Neil Irwin reprising his theme, an important one, that the trade deficit isn’t a report card. Sometimes such imbalances are a problem, other times they’re not, so; as the balance of payments serenity prayer says: “Keynes, give us the wisdom to tell the difference.”… Read more

Hey Peeps: On the Economy, Podcast #4 is Live!

March 7th, 2017

In this episode, Ben and I talk about the increasing importance of the Labor Dept with one of our favorite advocates in this space, Judy Conti from the National Employment Law Project (an advocacy organization whose board I chair). If you’re thinking, “why do I need to learn about what the Labor Dept does?” then you’re… Read more