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economics



  • Keynes and the Good Life

    by Jeffrey Sachs

    Keynes did not give us a checklist of dos and don’ts other than general ones: Don’t waste human talents and physical resources through wanton unemployment, avoidable wars, or breakdowns of social and trade relations.



  • The Normal Economy Is Never Coming Back

    by Adam Tooze

    The latest U.S. data proves the world is in its steepest freefall ever—and the old economic and political playbooks don’t apply.



  • We’ve Never Been Here Before

    by Adam Tooze

    There are historical analogies to this kind of collective shutdown, but they are not attractive.



  • Whatever Happened to Moral Capitalism?

    by Michael Kazin

    Let one loyal, if anxious, Democrat offer a solution: “moral capitalism,” a system that, in the words of Congressman Joe Kennedy III of Massachusetts, would be “judged not by how much it produces, but how broadly it empowers, backed by a government unafraid to set the conditions for fair and just markets.”



  • Is Economics Going Back To The 1800s? Maybe So.

    by Simon Constable

    Economics historian Robert Wright says three long-discredited ideas  –  Tariffs, the Gold Standard, and Slavery as an engine of economic development  –  are now back in fashion (to a certain extent).