(Oct. 28, 2016) Populist politicians, among others, have claimed in recent years that monetary policy is too easy and that it is hurting ordinary workers. But raising interest rates is not the way to address income inequality.
The Fed and Inequality
Category Archives: 2008 presidential campaign
Why Vote? (Follow-up)
(Sept. 29, 2016) My preceding blogpost — “A Radical Solution to the Fundamental Flaws in US Politics: Vote!” — received several objections from readers to the effect that I had failed to address the paradox of voting, or “Downs Paradox” (particularly at the Econbrowser site).
A Radical Solution to the Fundamental Flaws in US Politics: Vote!
(Sept. 26, 2016) The train of American electoral politics has gone further and further “off the rails” in recent decades. A number of suspected culprits have been identified as the specific fundamental flaw in the system that needs to be fixed. Gerrymandering. Campaign finance. Economic inequality. “False balance” in the media.