Ages of American Capitalism: A History of the United States – Jonathan Levy

penguin 2021 Ages of American Capitalism: A History of the United States - Jonathan Levy https://academic.oup.com/ahr/article-abstract/126/4/1608/6525132?redirectedFrom=fulltext reviews goodreads.com/-ages-of-american-capitalism kirkusreviews.com/book-reviews/jonathan-levy/ages-of-american-capitalism/ washingtonpost. From commerce to chaos: An economic history of the United States By Steven Pearlstein history.uchicago.edu/boston-review-review-ages-american-capitalism-jon-levy https://primmlife.com/2021/04/06/review-ages-of-american-capitalism-by-jonathan-levy/

Christopher Leonard’s “The Lords of Easy Money”- reviews

Chris Lehmann/ January 19, 2022 source: https://newrepublic.com/authors/chris-lehmann How the Fed Supercharged Inequality - Journalist Christopher Leonard’s new book, “The Lords of Easy Money,” follows the unintended consequences of quantitative easing. Like any good economic euphemism, “quantitative easing” evokes the soothing prospect of crisis averted and equilibrium restored. The term—coined by former Federal Reserve Chairman Benjamin … Continue reading Christopher Leonard’s “The Lords of Easy Money”- reviews

Milton Friedman’s Interest Rate Fallacy

strange positive correlation between borrowing volumes and interest rate levels? - uncreditworthy businesses are altogether excluded from global debt markets...

Myth of Money – Story of Power – Stephen Zarlenga’s Lost Science of Money

“...marvelously helpful and has some stunning historical vistas..." Hugh Downs “...provides the needed background for seeing the basic structural issues at work" Michael Hudson “...a masterful work” Michael Kumhof Given Stephen Zarlenga turns out to be a prominent proponent of money reform in the US, it seems to have taken me a long time to … Continue reading Myth of Money – Story of Power – Stephen Zarlenga’s Lost Science of Money

Breaking Old News: HIERARCHY REDISTRIBUTES INCOME – US Inequality for Quants – by Blair Fix

Watch Blair Fix talk about how corporate hierarchies create income inequality, and make the rich get richer. "This paper explores the idea that the (re)distribution of top incomes is uniform because it is shaped by a ubiquitous feature of social life, namely hierarchy. Using a model first developed by Herbert Simon and Harold Lydall, I show … Continue reading Breaking Old News: HIERARCHY REDISTRIBUTES INCOME – US Inequality for Quants – by Blair Fix

Real World Economics Review Out Now

This review serves up some excellent articles, including CasP's Blair Fix on the "Ritual of Capitalisation", John Komlos on the US economy, and Radhika Desai with Michael Hudson on the "Dollar Creditocracy". But it is Ib Ravn's "educational" article on banking, money creation and credit money that stands out as a uniquely comprehensible introduction to the real existing money system. Highly recommended!

BoE nudging mainstreamers toward re-discovery of credit channel ?

Looks as if just before the yachting season BoE economists have allowed themselves another peek beyond the pale of the classic Savings&Loans specs: ... "No existing studies that address the comovement puzzle account for the empirical movements in bank equity and credit spreads (see eg DiCecio (2009); Sterk (2010); Carlstrom and Fuerst (2009); Katayama and Kim (2013); Di Pace … Continue reading BoE nudging mainstreamers toward re-discovery of credit channel ?

The Addictive Profits of Pain

Sacklers banale sadism - has US capitalism gone masochistic? US pharma, opioid crisis, health, Oxycontin – reviews, articles, books