Essential reading "The inflation question is important and real, but (as the panic over the coin demonstrates) badly misunderstood. As Stephanie Kelton reminds us, the Fed has admitted it 'has no reliable theory of inflation.'"

"Recent economic reports are running contrary to the expectations of those who subscribe to Modern Monetary Theory and other types of “new” economic thinking."

>"The impact of a dollar devaluation is making its way through supply chains and the global dollar system. Significant inflation is likely."

"There's no quick fix for the current pandemic-induced supply chain crisis, but the bipartisan infrastructure bill currently held up in Congress would help prepare the complicated system to handle the next disruption."

>"Economists whose work looking at whether increasing the minimum wage creates more jobs was ridiculed for years have won a Nobel _...Read More_

"In new Chicago Booth event series, economists discuss how capitalism can be more equitable and democratic."

>"Low-paid child care workers have darted from the industry."

"Economic downturns are not as unpredictable as we once thought. There is mounting evidence that the expectations of consumers, workers and employers predict economic downturns, sometimes 12 to 18 months ahead. But we live in exceptional _...Read More_

"The government is not ‘levelling up’, it is doubling down on the same failed approach. In Britain we don’t tax wealth, we tax earned income – this needs to change"

This years Nobel Prize winners in Economics have made unique contributions to cause-and-effect related issues in the field of labour economics. Their approach can be carried forward to our everyday life too.

"A lasting effect of this pandemic will be a revolution in worker expectations."

"The Bank of England's deputy governor for financial stability, Jon Cunliffe, has warned that cryptocurrencies could spark a global financial crisis unless tough regulations are introduced."

"Free trade fatigue and strained supply chains were already fracturing the system before the virus accelerated nationalist impulses towards autarky or self-reliance"

"Transportation Secretary Pete Buttigieg on Wednesday said President Joe Biden's infrastructure proposals would help alleviate issues in global supply chains that have slowed the global economic recovery from the coronavirus pandemic."

"The U.S. economy may be heading for another downturn within the next six months if consumer expectations are any guide, according to new research from ex-Bank of England member David Blanchflower."