North America
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Trump, Tariffs, and Exchange Rates: The Message of Elections in the US and Japan
Dec 2, 2024
What Japan, the US, and Europe have in common is growing popular anger over the economy despite high stock prices and low unemployment.
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How the Wall Street Journal Blew the Story of the Democrats and Inflation
Nov 19, 2024
The firehose of affluent consumption continues to drive inflation, not the stimulus package
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The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy
Jun 24, 2024
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
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Working Paper
Trump versus Biden: The Macroeconomics of the Second Coming
May 2024
The current paper returns to the key questions of wages and incomes and how wealth effects cripple reliance on interest rates to control inflation.
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Working Paper
Considering Returns on Federal Investment in the Negotiated “Maximum Fair Price” of Drugs Under the Inflation Reduction Act: an Analysis
Mar 2024
The empirical analysis of public sector investments and the health value created by the drugs selected for Medicare price negotiations provides a cost basis for the assessment of the maximum fair price.
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Working Paper
Mapping Fragility – Functions of Wealth and Social Classes in US Household Finance
Jan 2024
Examining the crucial role of poverty and inequality in shaping household indebtedness.
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Working Paper
Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wages
Jan 2023
Increased hospital system consolidation in small Metropolitan Statistical Areas is adversely related to nurse wage growth.
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Meet the Grinch Stealing the Future of Gen Y And Z
Dec 20, 2022
Salaries in the U.S. aren’t keeping up with inflation, despite pandemic-related increases in some sectors. That’s a major threat to the future for all working Americans – especially the youngest.
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Bankman-Fried, Political Money, and the Crash of FTX
Dec 15, 2022
How Showering Money on Both Parties Paralyzed Regulators
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Working Paper
Why Economists Should Support Populist Antitrust Goals
Dec 2022
The Consumer Welfare Standard is severely limited or defective, preventing it from being an appropriate standard for modern antitrust.
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Top Economist: America’s Racist Economy Getting Worse, Not Better
Mar 8, 2022
Lynn Parramore explores Peter Temin’s new book on the country’s two economic histories: progress for whites, slavery and segregation for Black people. He warns of a second-tier global future unless they come together.
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Where Did You Go, Vice President Joe?
Mar 4, 2022
President Biden’s first SOTU Address was a missed opportunity to say what he knows to be true: Stock buybacks manipulate the market and leave most Americans worse off
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Beyond Price Caps: A Regulatory Framework for Pricing of Medicine Innovation
Feb 3, 2022
US regulators can step in to ensure drug pricing both supports patient access and drug development
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Working Paper Series
Pricing for Medicine Innovation: A Regulatory Approach to Support Drug Development and Patient Access
Feb 2022
US regulators can step in to ensure drug pricing both supports patient access and drug development
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Mexico’s Auto Industry Between Radical Change and Trade Wars
Oct 26, 2021
Between a rock and a hard place