Financial Markets
Why This Recession is Different
Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.
Is Economics a Dead Discipline?
The economics discipline has devolved into statistics, models, and hard science envy. Is the profession doing any good, or active harm? Per Bylund joins Jeff and Bob to discuss.
Are Capital Markets Corrupt?
Hunter Hastings joins Jeff for a thoroughgoing discussion of how monetary and fiscal policy distort capital markets and create perverse incentives for financialization rather than real production.
As Easy Money Crashes, the Political and Legal Effects Appear
As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.
Relying on Experts: A Proven Path to Failure
American political, educational, and economic life is increasingly dominated by "experts." We should not be surprised that they fail most of the time.
The Near Collapse of the UK Pension Sector Exposes Failures by Financial Regulators
The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.
As Easy Money Crashes, the Political and Legal Effects Appear
As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.