1st Annual International Workshop on Demand-led Growth, Conflict Inflation, and Macro Policy

Institute of Economics, Federal University of Rio de Janeiro (IE-UFRJ) Keynote Speakers: TBA Schedule: TBA CALL FOR PAPERS May 15: submission deadline June 1: notification of selected papers The Research Group in Political Economy at the Institute of Economics of the Federal University of Rio de Janeiro follows the Sraffian project proposed by Garegnani to make the … More 1st Annual International Workshop on Demand-led Growth, Conflict Inflation, and Macro Policy

New Book: Full Employment and Social Justice

Edited by Michael J. Murray & Mathew Forstater. From Palgrave: This edited collection investigates how full employment programs can sustain the economy and the environment, promote social justice, and reinvigorate local communities. The contributing authors focus on the formation of institutions to eliminate the opportunity gap for marginalized populations, enact environmentally sustainable methods of production … More New Book: Full Employment and Social Justice

New Book: Finance Capital Today – Corporations and Banks in the Lasting Global Slump

by François Chesnais. From Haymarket Books: Across the world, economic recovery, growth and investment are – at best – slow. At the same time, shares, derivatives and other financial instruments are traded in vast quantities with unprecedented rapidity. In accounting for this divergence between the apparent fortunes of the underlying ‘real’ economy and the world … More New Book: Finance Capital Today – Corporations and Banks in the Lasting Global Slump

The Growth of a “Dual Economy” in the Centre

Marcella Corsi, Guy Standing, Peter Temin, Shannon Monnat, Servaas Storm & Thomas Ferguson discuss. “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies. Download the papers and presentations at: ineteconomics.org/conference-session/growth-of-dual-economy

Leila Davis: Are Corporations’ Financial Investments Slowing Growth?

Are corporations’ financial investments crowding out other corporate spending? Leila Davis looks at the financialization of non-financial corporations—i.e., firms that traditionally produce goods and services and invest in machinery, buildings and technology rather than trade in financial assets—and asks what it means that they’re taking on large financial investments. We know that the same time … More Leila Davis: Are Corporations’ Financial Investments Slowing Growth?

Student Debt Bubble Diminishes Demand and Ruins Lives, Yet Officials Keep Inflating It

By Yves Smith, The Financial Times has a generally good update on the state of the student debt bubble in the US. The article interesting not just for what it says but also for what goes unsaid. I’ll recap its main points with additional commentary. Note that many of the underlying issues will be familiar … More Student Debt Bubble Diminishes Demand and Ruins Lives, Yet Officials Keep Inflating It