When Stock Prices Are Rising,

We Should Reject The Attempt To Divert The National Conversation Away From Soaring Inequality Toward The Alleged Moral Failings Of Those Americans Being Left Behind. Traditional Values Aren't As Crucial As Social Conservatives Would Have You Believe — And, In Any Case, The Social Changes Taking Place In America's Working Class Are Overwhelmingly The Consequence Of Sharply Rising Inequality, Not Its Cause.

The World Economy Is In A Nosedive, And Understanding What I Call "depression Economics" - The Weird World You Get Into When Even A Zero Interest Rate Isn't Low Enough, And A Messed-up Financial System Is Dragging Down The Real Economy - Is Essential If We're Going To Avoid The Worst.

Sometimes Economists In Official Positions Give Bad Advice; Sometimes They Give Very, Very Bad Advice; And Sometimes They Work At The Oecd.

It's A Funny Thing, By The Way, How People Who Love Free Markets Are Also Quite Sure That They Know That Investors Are Being Irrational.

To The Extent That Sacrifices Need To Be Made, Shouldn't The People Who've Made Out Like Bandits This Past Generation Be First In Line? The Problem With Getting Out Of The Slump Is That We Need To Spend More. It's Not That Somebody Needs To Spend Less. We Have Idle Workers Who Have The Skills And The Willingness To Work. We Have Idle Factories. Dealing With This Is Not About Saying Somebody Needs To Suffer. It's Saying That We Need To Be Prepared To Open The Taps.