Institute for New Economic Thinking — Feed Items
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How convincing is the model analysis by Bernanke and Blanchard? How empirically relevant are their mechanisms causing inflation – and how robust and plausible are their econometric findings?
Bernanke and Blanchard have made another failed attempt to salvage establishment macroeconomics after the massive onslaught of adverse inflationary circumstances with which it could evidently not contend.
Behind bogus promises of job creation and economic growth lies a dangerous agenda to shred social safety nets.
Recently, the European Union (EU) finance ministers agreed to reform the bloc's fiscal rules. The legislative package still has to be approved by both the European Council and the European Parliament by the end of April 2024. Amidst promises to stimulate public investment, foster growth, and create jobs, the new rules set minimum amounts of average deficit and debt reduction that EU countries will have to respect; otherwise, they may be sanctioned.
Your health shouldn't be someone else's wealth.
A Rolling Stone article by Andrew Perez cited Fred Ledley’s INET working paper on the NIH seed funding of pharmaceuticals.
Programs for expedited review may be preferentially reducing the development costs for conditions with lesser disease burden, potentially making investments in addressing the most significant disease burdens even less appealing and exacerbating the market failure further.
Do temporary economic shocks like the COVID-19 recession create lasting effects on the economy?
The discrepancy between technocratic rhetoric and economic facts is colossal.
ROB JOHNSON is a plain-speaking and passionate critic of an economic, financial, and political system that leaves too many behind. Rob and Terrence McNally talk about the state of the union as well as Biden's recent State of the Union speech. They also discuss how they see things: the economy, the election, the two parties, the nation’s mood, how we got here, and how we might move forward.
Industry lobbyists vehemently oppose Medicare drug price negotiations. However, physician-scientist Fred Ledley and economist William Lazonick debunk their arguments.
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