Zero lower bound (ZLB) economics: The fallacy of new keynesian explanations of stagnation by Thomas I. Palley published by Macroeconomic Policy Institute (2/2016). “This paper explores zero lower bound (ZLB) economics. The ZLB is widely invoked to explain stagnation…
Gattoperdo economics: The crisis and the mainstream response of change that keeps things the same by Thomas I. Palley published by MK (4/2013) “…This paper explores gattopardo economics as it applies to the issues of the macro-economics of income…
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Keynes Theory of Hegemonic Currencies (Palley)
ago 9, 2012, 10:45 AM 0
A Keynes theory of hegemonic currencies – Or why the wolrd pays dollar tribute by Thomas Palley. “The U.S dollar is much in the news these days and there is a sense that the world economy may have become…
The economic crisis: Notes from the underground, book of essays published by Thomas I. Palley. “The book consists of short essays on the economic crisis; the economics and politics of globalization; monetary policy, global imbalances; and policies for restoring…
From financial crisis to stagnation: The destruction of shared prosperity and the role of economics by Thomas I. Palley has just been published by Cambridge University Press. “Explains why the current economy is now confronted with stagnation rather than…
Explaning global financial imbalances: A critique of the saving glut and reserve currency hypotheses by Thomas I. Palley. “This paper examines three different explanations of the global financial imbalances. The paper concludes by arguing that both the saving glut…