>"Dani Rodrik thinks the current approach to economic policymaking suffers from a lack of theory, not practical strategies."

"Proponents argue West is heading for decades-long GDP growth stagnation"

"Biden’s targeted loan forgiveness will help, not harm, the economy."

>""Although inflation is often classified as a macroeconomic topic, it is clear that a firm understanding of price theory is necessary to work out all of the costs _...Read More_

This is a good column. Also worth noting Dems’ “solution” here— antitrust— isn’t going to actually do anything and no credible economist that I can identify thinks it will.

>"Here are five theories."

"The U.S. military has an unrivaled military and force projection capability and an unprecedented global network of allies and partners."

>"A bad forecast isn’t the same as an intellectual crisis."

"There are many problems with Modern Monetary Theory (MMT), even strictly within the scientific discipline of economics. But politically, it ought to be a nonstarter."

"MMT has been neither vindicated nor discredited because Congress never implemented its policy prescriptions."

“it’s worth knowing that the economy of France — which isn’t socialist but comes far closer to socialism than anything Democrats might propose — is doing pretty well.”

"Koichi Hamada identifies which components of Modern Monetary Theory are worth adopting – and which could be lethal."

"The rigid stances of Modern Monetary Theory’s devotees and detractors have not lent themselves to productive discussion. This is a serious loss for policymakers, because MMT includes both problematic propositions and perfectly reasonable – _...Read More_

"Monopoly capital theory is better placed to illuminate and decipher the anti-developmental dynamics generated by the global value chain world."